Flowerama Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$35,000
Investment required
$19,000 - $1,095,000
Royalty fee
6.00%

Flowerama: Cultivating Beauty and Community Through Exceptional Floral Service

Flowerama is a well-established floral and gift shop franchise, known for offering fresh cut flowers, floral arrangements, plants, and unique gifts. The franchise was founded in 1967, building on a family legacy in the floral industry. It was originally established in Cedar Falls, Iowa, which remains the location of its corporate headquarters.

Flowerama began franchising in 1970, allowing other entrepreneurs to replicate the brand's success. What sets Flowerama apart from its competitors is its focus on providing high-quality floral products at affordable prices, coupled with exceptional customer service.

The franchise also emphasizes the importance of local ownership and community engagement, which has helped it build a strong, loyal customer base. The franchise offers a wide range of products, including fresh flowers, tropical plants, silk and dried arrangements, and gift items.

This variety, combined with the brand’s commitment to quality and service, has enabled Flowerama to maintain its reputation as a trusted name in the floral industry.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Flowerama offers 5 types of franchises:

Type Initial Investment Range
Standard Flowerama Center Franchise (Real Estate Leased) $227,000 to $741,000
Standard Flowerama Center Franchise (Real Estate Purchased) $502,000 to $1,095,000
Start-Up Co-Brand Flowerama Center (Real Estate Leased) $227,000 to $741,000
Start-Up Co-Brand Flowerama Center (Real Estate Purchased) $502,000 to $1,095,000
Fruit Bouquets Program $18,500 to $53,500

We are summarizing below the main costs associated with opening a Standard Flowerama Center franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Standard Flowerama Center

Type of Expenditure Real Estate Leased ($) Real Estate Purchased ($)
Initial Franchise Fee $17,500 - $35,000 $17,500 - $35,000
Travel and Living Expenses while Training $1,000 - $4,000 $1,000 - $4,000
Leasehold and Improvements $40,000 - $265,000 N/A
Land & Building N/A $325,000 - $750,000
Equipment $35,000 - $50,000 $35,000 - $50,000
Fixtures $20,000 - $40,000 $20,000 - $40,000
Signs $10,000 - $15,000 $10,000 - $15,000
Awnings $7,500 - $40,000 $7,500 - $35,000
Opening Merchandise Inventory $25,000 - $50,000 $25,000 - $30,000
Opening Supply Inventory $6,000 - $8,000 $6,000 - $8,000
Lease Charges – 3 Months Pre-Paid Rent & Security Deposit $10,000 - $24,000 N/A
Miscellaneous Opening Costs $5,000 - $10,000 $5,000 - $10,000
Insurance $9,000 - $15,000 $9,000 - $13,000
Additional Funds - 3 months $36,000 - $150,000 $36,000 - $70,000
Vehicle $5,000 - $35,000 $5,000 - $35,000
TOTAL $227,000 - $741,000 $502,000 - $1,095,000

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Number of units

2023
Franchised units

36

35

36

Company-owned units

8

8

8

Total units

44

43

44

Franchise Disclosure Document

Training 

Flowerama Franchise provides a comprehensive training program designed to equip franchisees with the knowledge and skills needed to successfully operate their floral business. 

  1. Initial Training Program: This includes both classroom instruction and hands-on experience, covering essential areas such as floral design, inventory management, customer service, and sales techniques.
  2. Marketing and Financial Management Training: Franchisees receive guidance on effective marketing strategies and financial management, ensuring they can attract customers and maintain profitable operations.
  3. Ongoing Support and Development: Flowerama provides continuous support and development opportunities, helping franchisees stay up-to-date with industry trends, product selection, and operational best practices.
  4. Operational Assistance: Access to an experienced team of professionals who offer ongoing assistance with marketing campaigns, product selection, and day-to-day operational challenges.

Territory Protection

Flowerama offers territory protection to its franchisees, ensuring that each franchise owner operates within an exclusive geographic area. This protection is designed to prevent other Flowerama franchises from opening in the same region, allowing franchisees to build their customer base without internal competition.

The specifics of the territory are determined based on market factors such as population density and local demand for floral products.

This territorial exclusivity is a significant advantage for franchisees, as it helps to secure their investment by limiting competition within the brand. It allows franchisees to focus on growing their business and establishing strong relationships within their community.

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