Do you want to start a gift basket business by buying a franchise? If YES, here are 7 best gift basket franchise opportunities for sale and their cost. Most gift baskets are usually food gifts, and the food gift sector experienced a growth of 9% between 2007 and 2009. Another sector that grew too was the specialty food gift market, as customers tend to prefer creative products when selecting food gifts, which also includes gift baskets.
Gift baskets also have started stocking organic and healthy foods, while some gift basket companies have started the organic and healthy line as a niche. According to industry surveys, more than half of all the gift basket businesses have retail outlets. However, due to the flexibility of the gift basket business as regards the choice in location, more people prefer to start the business from home than to rent out a store for it.
Those who rent are often those who have a huge inventory with no space to store these inventories in their homes. A study conducted in 2008 by gift basket industry consultants, Sweet Survival, shows that the United States gift basket industry reached .3 billion in sales. This valuation confirmed the resilience of the industry even in economic downturns. The study did not include sales by major retailers and wholesale clubs though.
From the above, it shows that this is a thriving line of business and you can actually start your own gift basket business by buying a franchise. Here are some of the best gift basket franchises that you can buy in the United States of America.
7 Best Gift Basket Franchise Opportunities for Sale and Their Cost
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The Original Basket Boutique
The Original Basket Boutique is a standard gift basket and corporate gifts store in the United States of America that was founded in 1989 and has been franchising since 1989, about 30 years ago.
The Original Basket Boutique business can be tailored to your need for work-life balance and setting your own pace. Their in-depth training will prepare you for success, and our franchise support system is designed around ways to keep your business from failing. Your operation can be home-based, or set up in a commercial space, depending upon your location.
The Original Basket Boutique has her corporate head office at #140, 363 Sioux Rd. Sherwood Park, AB T8A 4W7 and the current CEO of the company is Patrick Lamoureux. The Original Basket Boutique offers in-house financing to cover only franchise fee but they are open for negotiations from interested investor.
The company is seeking new franchise units throughout the United States of America and in Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, and South America.
Financial Requirements
- Initial Investment – $47,500 – $59,000
- Net-worth Requirement – $40,000
- Initial Franchise Fee – $35,000 – $35,000
- Ongoing Royalty Fee – $300 / month.
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Edible Arrangements
At age 17, Tariq Farid borrowed $5,000 from his parents to buy a flower shop in East Haven, Connecticut, and within two years, he was running four flourishing stores. But after seven years as a florist, he came up with a new idea–bouquets you can eat. He opened the first Edible Arrangements store in 1999, creating, selling and delivering bouquets of fresh fruit sculpted to look like flowers.
Edible Arrangements began franchising in 2001. In addition to the company’s signature fresh fruit arrangements, the product line has expanded to include chocolate-dipped fresh fruit, fruit salads, fruit sundaes, beverages and other “grab and go” products.
Edible Arrangements has her corporate head office at 980 Hammond Dr., #1000 Atlanta, GA 30328 and the current CEO of the company is Mike Rotondo. Edible Arrangements has relationships with third-party sources which offer financing to cover startup costs, equipment, and inventory.
The company is seeking new franchise units from interested investors all across the United States of America and the world.
Financial Requirements
- Initial Investment – $189,750 – $348,950
- Net-worth Requirement – $250,000
- Liquid Cash Requirement – $80,000
- Initial Franchise Fee – $30,000 – $30,000
- Ongoing Royalty Fee – 5%
- Ad Royalty Fee – 5%
- Veteran Incentives – $10,000 off first-store franchise fee
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Apricot Lane Boutique
Apricot Lane is franchised by Country Visions, a company started by Ken Petersen, Tom Brady and Scott Jacobs. The partners are also behind Country Clutter, a gift and collectibles store founded in 1991. As they began adding fashion accessories to their merchandise, Apricot Lane evolved.
Apricot Lane boutiques sell branded women’s fashion apparel, jewelry, handbags and accessories and also deliver them as gift baskets as requested by their customers. They have been franchising since 2004, about 15 years ago. Apricot Lane Boutique has her corporate head office at 3333 Vaca Valley Pkwy., #700 Vacaville, CA 95688 and the current CEO of the company is Partrick Stewart.
The company has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. The Parent Company of Apricot Lane Boutique is Country Visions Inc. and they are seeking new franchise units from interested investors all across the United States of America.
Financial Requirements
- Initial Investment – $136,050 – $333,300
- Net-worth Requirement – $250,000
- Liquid Cash Requirement – $80,000
- Initial Franchise Fee – $34,500 – $34,500
- Ongoing Royalty Fee – 5.5%
- Ad Royalty Fee – 1%
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Le Gourmet Gift Basket
Le Gourmet Gift Basket, Inc. is your source for Elegant, Affordable Gourmet Gift Baskets for any occasion such as Birthdays, Weddings, Showers, Holidays, Special Occasions and many more. Baskets can be custom made for any occasion, local delivery is available, it can be shipped to anywhere in the world, and it also comes with free gift wrap.
Le Gourmet Gift Basket, Inc. teaches you how to earn a comfortable living by doing what you enjoy out of your own home! A spare room or small area is all you need to assemble your baskets. Creativity is not a pre-requisite! Their professionals will teach you all the artistic ability and creativity you will need to begin a successful business in a short period of time.
You can also maintain your own identity by choosing your own name, developing your own marketing concepts, and making your own business decisions while still being a part of the Le Gourmet Gift Basket, Inc. family.
Financial Requirements and Info
- Cash Investment – $9,500
- Investment Range – $9,500 – $9,500
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Cookies By Design/Cookie Bouquet Franchise
Cookies By Design / Cookie Bouquet Franchise is one of the leading cookie gift basket businesses in the United States of America. When she lost her job, single mother Gwen Willhite had to figure out what to do next. Combining two traditional gifts ‘flowers and sweets’, Willhite developed a new business: Cookies by Design/Cookie Bouquet.
Each bouquet is arranged with custom-molded, hand-decorated sugar and cinnamon brown sugar cookies in baskets for all holidays and occasions. The company, which Willhite started in her home, soon grew into a chain of shops that began franchising in 1987. Within 10 years, Cookies by Design/Cookie Bouquet had grown to more than 175 shops in 115 cities across the United States of America.
Financial Requirements and Info
- Initial Investment – $90,000-$180,000
- Initial Franchise Fee – $12,500-$35,000
- Royalty Fee – 6%
- Term of Agreement – 5 years
- Renewal Fee – 25% of initial fee
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The Champagne Life™ Baskets
The Champagne Life™ Baskets is Las Vegas’ number 1 Gift Basket Company since 2013. In 2018, they were voted one of MyVegas Magazine’s Top 25 Women Owned Businesses and also voted, “Las Vegas number 1 Gift Basket Company”.
Their team is dedicated to creating, designing and hand delivering luxurious gift baskets for all occasions. In addition to gift baskets, they also offer floral arrangements, balloons and cakes. The Champagne Life™ offer same-day delivery 7-days a week in Las Vegas, Nevada and surrounding areas.
Their gifting experts can customize any of their gifts to meet your specific needs whether it’s for a client, family member or friend. The Champagne Life™ specialize in creating luxurious and customized gifts for their clients, both big and small. They search and shop for the most glamorous, unique and delicious products from all around the world.
If you are interested in buying the franchise of The Champagne Life™, then you should feel free to contact them via their website for more info.