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Entrepreneur: Start & Grow Your Business

The Original Basket Boutique

Gifts, gift baskets, corporate gifts

Background

Founded: 1989 Franchising since: 1989
#16, 363 Sioux Rd.
Sherwood Park, Alberta T8A 4W7
Phone:
(877)622-8008


Franchisor has 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 14 28 2 0
2008 14 27 2 0
2007 13 24 1 0
2006 11 24 0 0
2005 10 20 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Costs and Fees

Total investment: $49K
Franchise fee: $35K
Ongoing royalty fee: 4%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $40K
Business Experience:
  • General business experience
  • Marketing skills
  • Sales experience

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3-4 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Regional advertising

Other marketing support
  • Sales leads

Rankings

Franchise 500® rank:
#464 (2009); #436 (2008); #494 (2007);