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KaBloom
250 First Ave., # 102, 1st Needham Pl.
Needham, MA -2494
800#: (800) KABLOOM
Tel: (781) 455-1102
Fax: (781) 455-6721
E-Mail: [email protected]
Web Site: www.kabloom.com
Contact: Mr. Larry Flaherty, Director of Franchising
KABLOOM is the US's largest, fastest-growing and only national retail storefront florist. KABLOOM blends basic retailing fundamentals and merchandising with the European philosophy of fresh flowers in people's daily lives. With 110 stores open by 12/2004, 125+ franchisees in 30 states have bought the rights to open 350+ stores over the next few years. Flowers are FedExed to your store within 48 to 72 hours of having been cut. Strong walk-in business, weddings, funerals, weekly clients-the list is endless.
Franchisor Background
Established: 1998
First Franchise: 2002
Franchise Units: 100
Company-Owned Units: 5
Total Units: 105
Distribution:
U.S. -- 112;
Canada -- 0;
International -- 0
-North America -- Operations in 29 States, DC
-States/Provinces with Greatest Density: 32 in MA, 10 in FL, 9 in NJ
Projected New Units Over Next 12 months: 25-50+
Franchisee Qualifications: 4, 2, 1, 2, 5, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MI,MN,NY,OR,RI,VA,WA,WI,DC (Click here for an explanation)
Average Number of Employees: 3 FT or PT (FT = Full Time, PT = Part Time)
Space Needs: 700-1,400 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $75K
Total Investment: $169.5-266K
Average Total Investment: $217.8K
Minimum Net Worth: $200K
Fees:
-Franchise: $30K 1st Store
-Average Franchise Fee: $30.0K
-Royalty: 5.5-4% Varies
-Average Royalty: 4.8%
-Advertising: 4%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5/5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/TBD
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 3 Weeks Total at Store and Home Office.
Franchisor's Specific Expansion Plans
U.S.: All US Exc. AK, HI, ND and SD.
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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