Cookies in Bloom Franchise
Monday, April 26, 2010 at 07:23AM Cookie gift business
Mary Pinac had been working in the wholesale apparel business and was tiring of dressing up and traveling every day. Her husband, Robert, was involved in the executive suite industry until the real estate market faltered in the late '80s. Looking for a new business they could start together, the Pinacs decided cookie gifts were the idea they wanted to pursue.
In 1989, the couple founded Cookies in Bloom, a store that creates and ships bouquets and gifts made with sugar shortbread cookies. The Pinacs began franchising their concept in 1991, and now the company's franchise business owners operate stores in the West, Midwest and South making cookie arrangements for all holidays and occasions.
Start-up Costs & Franchises Fees
What is the total cost to open a Cookies in Bloom Franchises?
Total Cost: $85,000 USD -$130,000 USD
Total Franchise Fees: $19,500
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $1K
Contact Information for Cookies in Bloom
|
Cookies in Bloom |
Phone Number: (972)490-8644 |
Historical Expansion
In what year did Cookies in Bloom begin operations? 1988
When did Cookies in Bloom begin selling franchises? 1992
Year United States Canada International Corporate 2005 21 0 0 0 2004 21 0 0 0 2003 20 0 0 0 2002 18 0 0 0 2001 18 0 0 1
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming,
Countries of Interest: Canada, Mexico,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
On-the-job training at corporate-approved shop
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licenses; 20% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience Creativity; customer service; people skills
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes