- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$117K - $199K
- Units as of 2022
-
2
Company Overview
About Flagler Floral Co.
Industry | Retail |
---|---|
Related Categories | Miscellaneous Retail Businesses |
Founded | 1972 |
Parent Company | Flagler Floral Franchising |
Leadership | Vincent Kish, CEO |
Corporate Address |
8480 Okeechobee Blvd., #2 West Palm Beach, FL 33411 |
Social | Facebook, LinkedIn, Instagram |
Business Overview
Franchising Since | 2022 (2 years) |
---|---|
# of employees at HQ | 5 |
Where seeking |
This company is offering new franchises in the following US states: Florida, Georgia |
# of Units | 2 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Flagler Floral Co. 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
|
$45,000 |
---|---|
Initial Investment
|
$116,633 - $199,000 |
Cash Requirement
|
$100,000 - $200,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 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 | Flagler Floral Co. offers in-house financing to cover the following: inventory |
---|---|
Third Party Financing | Flagler Floral Co. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, accounts receivable |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 120 hours |
---|---|
Classroom Training | 10 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
Website Development
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
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