Rhoslyn Florist franchise
2023 filing · January 17, 2023
Rhoslyn Florist at a glance
A florist selling fresh flowers, plants and related items. At the end of 2022 there were 2 Rhoslyn Florist locations in the US, all company-owned.
The business
- Industry
- Retail
- Franchisor
- Rhoslyn Florist Franchise, Inc
- The company that sells the franchises
- Franchising since
- 2022
- Franchisor based in
- New York, New York
- Typical size
- 700–1,500 sq ft
What you pay
- Cost to open
- $66K–$144K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross revenue, paid monthly, with monthly minimums of $1,250 in the first year, $1,700 in the second and $2,000 after that
- Brand fund
- 3%
- 3% of gross revenue, paid monthly
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2020–2022
From Rhoslyn Florist Franchise, Inc’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Rhoslyn Florist among all franchises with the same figure.
| Figure | Rhoslyn Florist | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $105,130 | Costs less than 86% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a Rhoslyn Florist franchise costs
Opening one Rhoslyn Florist costs an estimated $66,224 to $144,035. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are vehicle ($3,384 to $34,235) and initial franchise fee ($30,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | ||
| Initial Training Expenses | $150 | $1,000 | |
| Premises/Utilities Deposits | $2,550 | $8,200 | |
| Professional Fees | $0 | $2,000 | |
| Leasehold Improvements, Construction and/or Remodeling | $10,000 | $20,000 | |
| Furniture, Fixtures, Equipment and Signage | $6,000 | $15,000 | |
| Vehicle | $3,384 | $34,235 | |
| Business Licenses and Permits | $40 | $100 | |
| POS/Computer Systems | $1,000 | $1,500 | |
| Initial Inventory to Begin Operating | $2,000 | $9,000 | |
| Office Supplies | $100 | $1,000 | |
| Grand Opening Advertising | $3,000 | ||
| Insurance | $1,000 | $2,000 | |
| Operating Expenses/Additional Funds – 3 months | $7,000 | $17,000 | |
| Total | $66,224 | $144,035 | |
Source: Rhoslyn Florist Franchise, Inc, 2023 filing, page 15
Rhoslyn Florist franchise fee
The franchise fee is $30,000. You pay it when you sign the franchise agreement.
Source: Rhoslyn Florist Franchise, Inc, 2023 filing, page 9
Royalty and ongoing fees
| Royalty | 5% of gross revenue, paid monthly, with monthly minimums of $1,250 in the first year, $1,700 in the second and $2,000 after that. |
|---|---|
| Brand or marketing fund | 3% of gross revenue, paid monthly. |
| POS/Computer Systems | $1,000 - $1,500 |
| Required Minimum Expenditure for Local Marketing and Advertising | $1,000 per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Rhoslyn Florist Franchise, Inc, 2023 filing, page 9
Other fees as filed, from pages 9–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Rhoslyn Florist does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Rhoslyn Florist Franchise, Inc, 2023 filing, page 36
How Rhoslyn Florist compares
Of the 302 retail franchises on this site, Rhoslyn Florist is the 29th cheapest to open and the 252nd largest by number of locations.
| Figure | Rhoslyn Florist | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $66K | $198K | $222K |
| Cost to open, high end | $144K | $425K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 5% | 5.7% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 2 | 38 | 21 |
| Shares earnings figures | No | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 2 | 0 | 0 |
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Rhoslyn Florist Franchise, Inc, 2023 filing, page 36
Who owns Rhoslyn Florist?
Rhoslyn Florist franchises are sold by Rhoslyn Florist Franchise, Inc. It is a subsidiary of Latinx Franchise Brands, Inc.
From Rhoslyn Florist Franchise, Inc’s 2023 filing, page 6.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Rhoslyn Florist Franchise, Inc, 2023 filing, litigation on page 8, bankruptcy on page 8
Rhoslyn Florist filings
The figures on this page come from Rhoslyn Florist Franchise, Inc’s 2023 filing, issued January 17, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | January 17, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
