3/10

Franchimp Summary Rating

5 /10
Higher than 56% of peers

Franchise Summary

Description
Bearfruit Franchise Corporation offers you the opportunity to operate a Bearfruit jewelry franchised business, which includes (1) the right to operate a fixed location Bearfruit retail jewelry store or kiosk or (2) the right to sell Bearfruit jewelry at one or more events such as fairs, festivals or similar type events in your territory
Company Background
Bearfruit is a family-owned company that specializes in handmade jewelry. The company offers you the opportunity to operate your own Bearfruit retail jewelry store or kiosk, where you can sell our handcrafted jewelry, or sell it at one of many events throughout the year in your area.
Franchise Opportunity
You want to start your own business, but don't have the time or resources to open a brick-and-mortar store. Owning your own business is a dream come true for many people, but it's not always easy to get started. Rent, staff, inventory and other costs can be prohibitive. Bearfruit offers you the opportunity to operate a jewelry franchised business. This includes the right to sell Bearfruit products at one or more events in your territory. As a Bearfruit franchisee, you'll enjoy all of the benefits of owning your own business with none of the hassle.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Employee Contact Database

# Name Position Phone Number Email Address

Bearfruit Franchise System Development in 2016

FAQ

How much investment do I need to start my own Bearfruit business?
Franchisees typically require at least $156 to $461 investment to get their Bearfruit business started
What are the initial franchise fees for Bearfruit?
Franchisees typically need to pay at least $107 in fees directly to Bearfruit in order to earn the right to launch their business
How much money can I make with a Bearfruit franchise? What are the average revenues for a typical Bearfruit business?
We haven’t done the math on how much revenue a typical Bearfruit brings in each year. We estimate that other franchisees in the Retail industry generate $1,203,797 revenue, so we would expect Bearfruit to generate a similar amount
How long do I need to commit to running a Bearfruit unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $198,200 to $361,350 which is Much Higher than the $0 to $0 average in the Clothing & Accessories industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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