- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$48K - $59K
- Units as of 2014
-
38
Company Overview
About The Original Basket Boutique
Industry | Services (Other) |
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Related Categories | Miscellaneous Services, Miscellaneous Retail Businesses |
Founded | 1989 |
Leadership | Patrick Lamoureux, CEO |
Corporate Address |
#140, 363 Sioux Rd. Sherwood Park, AB T8A 4W7 |
Business Overview
Franchising Since | 1989 (35 years) |
---|---|
# of employees at HQ | 4 |
Where seeking |
This company is offering new franchises worldwide. |
# of Units | 38 (as of 2014) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a The Original Basket Boutique franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
---|---|
Initial Investment
|
$47,500 - $59,000 |
Net Worth Requirement
|
$40,000 |
Royalty Fee
|
$300/mo. |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | The Original Basket Boutique offers in-house financing to cover the following: franchise fee |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 3-4 days |
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Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Field Operations
|
Marketing Support |
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 1-2 |
Are exclusive territories available?
|
No |
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