Nothing is Sweet about Candy Bouquet!

From an alleged former franchisee: If Candy Bouquet International has been around since 1989, why don't they have a standardized POS (point of sale) system for their franchisees?

They claim to spend millions on building their brand - but did you know that the name "Candy Bouquet" can be used by anyone! The trademark office denied their claim to the name  - not once but twice! The only trademarks they own are their logo and a few slogans! The millions they spend is on selling more franchises seeing how the average life of a franchise is only estimated at 2.5 years! The attrition rate is also estimated at 60-70%! So many of the franchisees listed on the candybouquet.com locator are homebased businesses for which they work a real job because the Candy Bouquets do NOT support themselves!

The franchisees of Candy Bouquet are so despondent with the franchisor that they set up an independent association through the AAFD early last year! (Congrats on the AAFD awards!)The franchisees I've talked to complained of carpal tunnel and numerous other physical issues from making the bouquets due to repetive motion. The equipment referred to in the offering circular does less than 2% of the work and the rest is manual labor - hence the issues previously mentioned.

The only franchisees surviving the failing trend are those who have so diversified their stores as to NOT be dependent on the actual candy bouquets they were led to believe would carry their stores! Speaking of stores, did you know that there is no fixed model for a candy bouquet store? Go into any store, none are the same - so much for branding!

Candy Bouquet collects a monthly association fee which is a guaranteed revenue stream. Since so many franchisees struggle, a royalty wouldn't be profitable, so they offer a fixed fee. And not such a low cost franchise, none of the stores I spoke with were ever able to operate within the expenses indicated on the site. In fact, most owners are unable to pay themselves a salary or are able to afford employees! 

Oh lets not forget the noncompete clause - no candy stores, floral shops and gifts stores. The franchisees claim they were never taught ANYTHING as to how to operate a floral shop or gift store. As far as candy stores are concerned, you don't need to buy a franchise for that - you can do it on your own. As for Candy Bouquet, my advice? Buy a video! 


From the CEO of the franchisor:  Everything is Sweet about Candy Bouquet

Ms. Margaret McEntire, the chief executive officer of Candy Bouquet, Inc., contacted me and asked that I help her post a comment. It can be read in its entirety below. - Mr. Blue MauMau, moderator

I would like to thank all of you for your comments, negative and positive with regards to  Candy Bouquet.  The extraordinary thing about our country is that is that we do have freedom of speech.  On the internet, though, it can go unmonitored and can get out of hand and there is no delete button for statements put in an incorrect light. Candy Bouquet’s  independent franchisee association has a channel to mediate disputes with individuals and groups of franchisees and so does the International Franchise Association , which I am a board member.

I do think of the terrible example on youtube.com with the worker of a franchise company, that snorts some lettuce and then places it in the customer’s food.  What a terrible thing that made the entire  franchise company suffer because of the actions of a few.

I will promise to always try my best and have our employees do their best for you as well.  We have fulfilled all of the list of things that were asked of us here at Candy Bouquet International.  We have a good relationship with Bob Purvin and the AAFD.  If any franchisee has a problem with CBI or any issues,  I would hope that they would call CBI  and also make the Advisory Council aware of them.  We only work for you.

As a board member of the International Franchise Association, I have also learned from other franchisors that if there are ever any problems with the system, you embrace your franchisees and get them fixed as soon as possible.

I appreciate the opportunity to have this note put up. Thank you Mr. Blue Mau Mau!

Margaret McEntire
[Founder of] Candy Bouquet International, Inc.

Surely you are aware of ways to hide income.....

I think that is what the poster meant by their comments. Certainly in the business world there is a lot of "shifting" of assets and costs amongst subsidiaries to produce the most tax benefit possible.

Posted by Guest on January 10th, 2009

Transfer pricing not issue

Intra-company transfer pricing is a different issue, and one which is highly controversial at the moment. While this is an issue for franchisors, it is rarely an issue for franchisees.

"Hiding" income is illegal, in contrast to legal tax strategies which minimize the tax on that income.

I reiterate that it makes no sense to invest in something which you know in advance will lose money.

People have tried this before (such as with cattle ranching investments back in the 70s) and the feds will toast you for this. Then the feds will go after the professionals--that is why you now see the Circular 230 notice on the bottom of the emails you get from your CPA (and many lawyers are now appending a circular 230 notice as well).

It is true that if the "loss" of the first business is being generated to shift assets or to shift jurisdictional or tax nexus (for example, to avoid child support obligations or to steal from business partners or as part of a transfer pricing scheme to evade taxes in the original jurisdiction) then the strategy might make sense. But that is not what the original poster seemed to be speaking of.

Paul SteinbergFranchisee Attorney, New York City, Ph: 212-529-5400

on January 11th, 2009

RE: I Love Candy Bouquet

You said "I have my list and there is no such person, probably like you". What do you mean by that? You stated you have a list and there is no such person, does this mean you are the franchisor, as they could be the only one that could make such a statement. Hmmmmmmm

Posted by Guest on January 11th, 2009

Candy Bouquet Shame

We started our franchise in 2000. Things went well for a while..only a short while. Valentines was good, most of that money was gone by June. The supposed "gourmet" candy they want you to buy is rediculously expensive. People don't want that crap, the want snikers, heath bars, hersheys etc. Buy Margarets candy and your gonna be broke. Your hands will be terribly aching within a few months..We struggled with the business for a little over three years, by the time it was said and done, we were bankrupt. I knew there was something wrong when we went to one of the summer meetings and met with fellow franchisees, all were hanging there heads and seemed very discouraged. All of the people we went to class with are out of business.
We loved this business with all of our hearts like it was one of our children, we still mourn its loss to this day. The most sucess I can see anyone having with a candy bouqet is having it as a side item in an existing store, a small area where they can be made and sold..nothing more. Candy Bouquets upon themselves will not work. Yes we had fudge, balloons, the whole nine yeards..it is not enough to support a business along with all of the other issues you have to deal with . Cutting those wires and wrapping candy on them is very labor intensive, you will end up with strained hands and wrists.
It was a learning but painful experience..would I do it again?..Hell no!

Posted by Guest on January 9th, 2009

I love Candy Bouquet!

Anyone can be unhappy with whatever they do. This franchise is one of the best deals, fun, makes money, not many controls and everyone whould have to agree that every person at headquarters and the distributions are fantastic to work with and will help you in anyway they can.

There are no black marks on Candy Bouquet. Those facts are in the UFDD.

Posted by Guest on January 11th, 2009

The UFDD is part of the scam

It looks good on paper, however most of it is not adhered to by the franchisor. Again if you were really doing some business, you would know that.

Posted by Guest on January 11th, 2009

Re: I love Candy Bouquet!

No black marks in the UFDD. Why are so many franchisees unhappy one asks? These figures speak for themselves...a decline of 417 locations in one year.

Candy Bouquet
423 E. Third St.
Little Rock, AR 72201

Franchisor is a privately-held company with 30 employee(s); 30 employee(s) in franchise department.

Franchise Growth

Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 485 43 62 0
2007 902 53 67 0
2006 731 47 50 0
2005 716 44 49 1

Information obtained from entrepreneur.com:

http://www.entrepreneur.com/franchises/candybouquet/282173-0.html

Posted by Guest on January 12th, 2009

numbers and facts

agian, entrepreneur printed the wrong numbers. Why don't you call them and ask or check the UFDD for the correct ones. Bad mistake to spread gossip that is not true without checking the facts.

Posted by Guest on January 12th, 2009

Re: numbers and facts

Is the new UFDD even out yet? I would love to see it.

Posted by Guest on January 12th, 2009

Until they post a retraction

I am believing what they printed. Again, those franchisees who bother to do some ressearch know that the franchisee numbers were always super inflated. Not sure if the difference in numbers from year to year is an adjustment of those numbers or actual broke franchisees. Its probably a combination of both. Hopefully Entrepeneur Mag is worried about the reputation they should maintain and stop reporting just what CBI wants them to and did some actual research. That Little Rock Kool Aid can be shipped anywhere!!! Or maybe its in the sugar of those logo candies and "ganache" HAHA

Posted by Guest on January 12th, 2009

Re: Re: I love Candy Bouquet!

I knew a lot of franchisees had closed their doors but not that many. Wow! That alone will drive franchise sales down. If I were the franchisor, I would be doing anything to keep my franchisees. Without them there is no Candy Bouquet.

Posted by Guest on January 12th, 2009

Re: I love Candy Bouquet!

What I think is sad is that I had one call from my customer service rep in 2008. Just one call. That's all! I would think that Candy Bouquet would want to know how things are going with their franchisees, how they can better assist me, etc. I guess as long as my monthly fee keeps getting paid that's all that matters.

Posted by Guest on January 12th, 2009

Candy Bouquet a sad state of affairs

Candy Bouquet is in a real sad state of affairs when franchisees must post questions on BlueMauMau to obtain answers. Any franchisees checked out the January webinar on the franchise center? Many references made to questions posted on this forum. Guess I should not be complaining since they are answering a few questions. No mention of JoBeth not being there anymore but a promise that Julie will be helping with marketing remote from Disney. Didn't she say that about Robert and then threatened him with her lawyer? Hmmmmmmm

Just as in the past, corporate will promise to change but will revert back to the old ways again soon. Been there done that time and time again no longer trusting of corporate with all the broken PROMISES.

Posted by Guest on January 12th, 2009

facts

Really is sad that this site is to "amuse". If you want the real facts, you to to the source and the UFDD. Candy Bouquet will be happy to answer any questions and is a first rate franchise, for sure!

Posted by Guest on January 12th, 2009

Re: facts

Actually the full tag line is "sharing franchise news, to prosper and amuse." Please provide the full tag line next time as I am sure Blue Maumau would not be happy on how you shortened their tag line.

Posted by Guest on January 12th, 2009

Facts

Wow, is this you MM? Sure sounds like it. She has blogged under a different name on CBI's blogging site before. She was called on the carpet by franchisees about this also.

Talk about facts, what about the Hershey letter? How MM numerously called Hershey's candies "junk candies" over the years. That Hershey's threatened to fine CBI $1500 for every time a franchisee promoted bouquets containing Hershey's. As a former franchisee, I personally asked to see an exhibit to the letter, but it was never released. If I was responsible for correcting the wrong at my store I needed the information.

By the way, Hershey's cannot fine CBI, but they can sue them. Fear is what she likes to promote. Also, when Hershey's was contacted by franchisees, they basically just want the proper disclosures noted. If she controls what candy the franchisees have to buy then she makes more.

Have you seen the website lately? Bouquets have "junk candy" in them.

It is the current and former franchisees that have the answers. So, let the facts set you free.

Posted by Guest on January 14th, 2009

my god get a grip

You people are pathetic. Get a freaking life. If you're too cowardly after investing money to demand answers on the telephone or in person you deserve to lose everything.

You CBI franchisees are the biggest whiners I've ever seen.

If you don't like the scam that you're funneling your money into, PULL OUT! Stop investing money, idiot!

You're more to blame than CBI.

GET....A....LIIIIIIFFFFEEE!!!!!!!

Posted by Preston on January 12th, 2009

Re: my god get a grip

Sometimes it's cheaper just to stay and continue paying your monthly fee. Otherwise, you have a hefty $2,500 exit fee.

Posted by Guest on January 12th, 2009

Hello.....ITS CALLED A 5 YEAR CONTRACT!

Obviously you dont know what you are talking about or you wouldn't make such an accusatory statement. Whiners???? I think not! Just duped by one of the best in the Scam World who has a very good attorney.
You obviously are not a franchisee or you would be aware of MM's tactics and blatant non- cooperation with her suckers....oops I mean franchisees. So stop name calling and get on with whatever is making you so self important!!!!

Posted by Guest on January 12th, 2009

First of all

"God" starts with a capital letter. Now, as far as demanding answers, Preston, do you really think we haven't asked the questions? Honestly, thousands of people are not "idiots" because they were scammed into buying this franchise. Look at all the savvy investors duped by a ponzi scheme on Wall Street. So, please do not judge the intelligence of those purchasing a CBI franchise. Many franchise owners have plenty of business experience, are well educated and did what they could in the way of due diligence before purchasing this money pit of a business. The only problem was years ago when I was researching, there was NOTHING out there that I could find in the way of derogatory information and the franchisees I emailed were too paranoid of being sued to tell the truth about the business. Now this blog has started and the truth is spilling out about CBI and I pray to God that potential franchisees really understand that we are not "negative" or "disgruntled" about the situation we are in. I wouldn't wish this on my worst enemy. That's not disgrunted, that's called having a conscience!

Posted by Guest on January 12th, 2009

Re: my god get a grip

Preson my friend you can't be a franchisee or you wouldn't even consider calling cbi franchisees names such as cowardly or whiners. A group of franchisees formed an association and has been standing up to cbi corporate demanding answers. By the time you realize the type of franchise you purchased it's too late you have already signed the five year contract. Have a little compasion Preston my friend just ignore the candy bouquet forum. Thanks and you have a sweet day!

Posted by Guest on January 13th, 2009

Preston,

Have asked questions in email, phone and in person. Still no answers. Not too long ago, asked the franchisor what her vision was not only for the franchisor, but with the franchisees in mind. The response was not very forthcoming - to paraphrase John Kotter from his book “Leading Change” – If you cannot describe the vision driving change initiatives within the organization in 5 minutes or less and get a reaction of understanding or interest, it is a sign of troubles ahead. Therefore, I will no longer sit here and demand answers - waste of my time. And in reality, we should not have to demand answers to our questions. Since there is no true vision for the organization as a whole, will continue to go in my own direction.

You should read these books, Leading Change by John P. Kotter and Franchise Fraud by Robert Purvin. Both awesome books.

Have a Great Day!
Donna

Posted by Guest on January 13th, 2009

Thanks for the laugh!

I was just reviewing comments because I haven't looked for a few weeks. I want to thank people for the laughs.

It is apparent that MM has posted here. As a business woman, you would think she would be a little more discrete with her comments. I know that on one of CBI's previous blog sites, run by CBI, she posted comments under a false name. It is obvious that the comments on this website are getting to her and she has no control over what people say.

Also, yes there are a FEW franchisees that have been in business for more than the average of 2.5 years. Remember these successful business people are outside of the NORM. I do believe I know most of them and would speculate that candy bouquets are about 25% of their business or less. I would guess they hold onto the franchise name because their customers know them by it and a name change could confuse their customer base. A majority of consumers do not know the franchise even exists.

I find no humor in the huge losses many franchisees have gone through. There have been divorces, bankruptcies, medical problems cause by the stress, etc. You will not hear all those stories because people are ashamed that they were dupped. Do you think Steven Spielberg is happy about the ponzi scheme he invested in? He is a very talent individual and I don't hear people blasting him for investing in a scheme.

I find no humor in the fact that a bright talented franchisee that follows and supports CBI for the first 9 months is left out in the cold when the business starts to crack. Messages to CBI were not returned. The franchisee was treated like an outcast. There are so many stories similar to this one. Only this is not a story, it is a nightmare for so many that invested.

What goes around comes around.

Posted by Guest on January 14th, 2009

I hate to hear about everyone's problems..........

I had considered purchasing this franchise about 6 years ago and it still sometimes intrigues me but after reading all of the comments on this site I know now that I mad the right decision when I decided not to purchase the franchise. The franchise fee at that time for me would have been $10,000 and I had already taken a few business classes so what went through my mind was why do I need to pay $10,000 only to learn how to make the bouquets? At the time I was also taking a course to become a certified florist in the state of New Mexico so I was learning a few tricks in that class. I decided to purchase a Candy Bouquet and figure out how it was put together so that's what I did. It's wasn't too hard to figure out and then all I needed to do was find the products to create the bouquets. I did some searching online and while I may not be using exactly what the franchise uses, it's gotta be pretty close! And I believe everyone here when they say that everyone wants the "junk candy". I wouldn't put a lot of money into the more expensive gourmet candies but you won't sell a whole lot of that, or at least not in my market. Also, before I made my final decision, I worked at a local floral shop. Yes, Valentine's Day is huge for any floral shop but after that, what keeps it afloat are funerals. In my oinion, a Candy Bouquet isn't the best thing to take to a funeral. But I don't know, there are some of you that have probably come up with really great little ideas as to how to incorporate a Candy Bouquet into a funeral arrangement. Well, that's my story and I'm really sorry to hear about some of your stories on here. I mean, this just isn't worth losing you marriage to or having to file bankruptcy. But I can totally understand how that type of thing can happen. I'm no longer in business but that partly has to do with a business partner that I had. I DO NOT recommend business partners! But I'm now a Realtor in a part of the US that hasn't felt the effects of the mortgage melt down, so I'm doing alright. I wish the best of luck to all of you current and former franchisees!!

Posted by Guest on January 15th, 2009

What now?

You've elected to stay on the side-lines for now and to work real estate. One day when you start your own business, what direction are you leaning to? What sort of business? Do you think you might one day own a real estate franchise?

on January 16th, 2009

What now?....

You know what? I really don't know if I would ever want to do a real estate franchise. My previous Qualifying Broker owned a Century 21 franchise and I had considered purchasing it from him but I feel like I need some more experience before I go out on my own. I also feel like for a town the size of 30,000 the fees are pretty high. There is not one real estate franchise in my town though and I think we do need one but I'm not sure that I would want to be the person to bring one in. So at this time I really have no clue. But a year from now, who knows?

Posted by Guest on January 16th, 2009

Do you use....

Candy Bouquets as house warming gifts? I'm sure there is some desperate, lonely franchisee in your area that would love a corporate real estate account to supply with house warming gifts. Just a thought!

Posted by Guest on January 17th, 2009

House warming gifts.......

Nope, no Candy Bouquet franchises near here.

Posted by Guest on January 17th, 2009

once again seems like cbi corporate is missing the mark...

While the competition (SIB a one person show) is selling their bouquets not only via FTD as drop shipping but also were found wholesaling at the Atlanta tradeshow. Corporate responds by telling us their bouquet photos are enhanced in their brochures, they only use junk candy, their bouquets don't look anywhere near what ours are, thinks that a single store doesn’t make what we do should not be a threat, and asks if there is any specific evidence they are creating some problem.

The problem comes from Sweets in Bloom is calling their creations "Candy Bouquets" on their website the exact same name as Candy Bouquet International has every franchisee sign off on the UFOC/FDD. Where and what is Candy Bouquet International brand if everyone is calling their candy creations "Candy Bouquet". How is the Candy Bouquet Franchisee to survive when their store is called Candy Bouquet? We are left on the sidelines paying monthly fees for a name that has no trademark protection. Just not understanding how corporate does not help protect the franchisees. Oh forgot "Candy Bouquet" is not trademarked that is why they can't protect the brand.

Corporate is off the mark by saying "they only use junk candy" as the also have creations made with gourmet candies on the website.

Franchisees requested back in early Fall corporate to investigate hooking up with Telefloral or 1-800-Flowers...but nothing yet.

Posted by Guest on January 16th, 2009

Not once again, STILL!

I can't for the life of me figure out how MM Thinks these other businesses are "No Competition" to CBI. SIB may be one guy, but he is a mass marketer, and probably sells more bouquets than all cbi stores combined.

CBI has made no attempt to out market any of these people, let alone protect the brand.

Does MM not realize that by not protecting the brand, as well as not marketing the product to the public that this is going to drastically affect Franchise sales. Who would want to buy a franchise without a protected name for their product, and no market recognition?

I feel her shortsightedness will cost her and all of her Franchisees dearly in the end. This is one example where the Captain will surely go down with the ship.....

Posted by Guest on January 16th, 2009

Already Using Another

Candy Bouquet vendor to produce the products for them. I've checked several florists in my area - all of which have the same candy bouquet pics which tells me it is a networked system either FTD or Teleflora.

Missed out again, then again, how can you miss out if you never even try....

Posted by Guest on January 17th, 2009

Candy Bouquet is my love

This guy that does candy bouquets has been around for 15 years or more and doesn't do the same quality that Candy Bouquet does. I have seen them and get orders in my store with the customers saying that ours are 1,000 times better and you all know that is true. There will always be a cheap copy cat in every industry. Anyone can use the words candy bouquet.
I love my Candy Bouquet.

Posted by Guest on January 20th, 2009

Its over

Come on guys, please use your heads...MM is a thief. She has no intention of improving the brand, she wants to sale more units and doesn’t care if they succeed or not. Its funny how she thinks everyone is stupid and cant tell when she post a comment, your so smart Mags (sarcasm) I wouldn’t give her another cent.

Posted by Guest on January 20th, 2009

That's right.

Margaret, you get the orders in your dreamland candy bouquet store for sure!

Yes, he has been around for 15 years or so. Just as long as you truly have been in franchising. The difference is that those people have actually been a successful store where you failed twice. Your third time being the charm is when you started franchising. Hmmmmmmmmmmmmm. Let's see what it does to your franchise sales when Sweets In Bloom starts popping up in major drug store chains such as CVS, Walgreens and local grocery stores. What then? Same old story? You say his bouquets are crappy but he has been selling them for 15 years or so...somebody out there is buying them! Happy to tell you, the candy bar bouquet that you forbid your franchisees to make is one of the best sellers for many and it is somewhat similiar to theirs. For sure, time will tell! And hopefully soon before more lose their life savings.

Posted by Guest on January 20th, 2009

Re: Candy Bouquet is my love

The construction may be better, but I would guess that "guy" is making money. CBI franchisees do not make money!

Posted by Guest on January 22nd, 2009

Has anyone seen the marketing materials

Sweets in Bloom might be a one horse town, however their marketing materials are superior to Candy Bouquet International. Odd that FTD isn't concerned about them being tooo small for a national campaign. I think there is much more to this company then MM wants us to think.
Honestly MM is spending too much time trying to cover her tracks rather then wage some type of marketing campaign or come up with an original idea.

Posted by Guest on January 22nd, 2009

It was Time to Get Out..

I love reading these posts...I guess it makes me feel better in the long run...I am one of those "EX-Franchisees". I had my store for 5 years and when the renewal was up...I decided not to renew! It was the right decision for me at the time and just before the economy died...PERFECT TIMING FOR ME. But things never seem to change at CB. We all complained back then and you are still complaining today.!

When I had my store, we had a credit line with the Distribution Center. That was taken away soon after and then you needed to use a credit card to buy things. The distribution center bought out all the old candy from Peerless when they went out of business, so we were buying old candy for the next year and half. The Peerless hard candy sat in the warehouse, on top of pallets in the heat of the summer and was as sticky as you can imagine. Nobody seemed to be concerned at corporate about selling us old, melted, sticky hard candy.

The Annual Conventions were a joke...the stupid awards they gave out...they always seems to give them to all the Franchisees in Arkanasas and the South. No Franchisees on the West Coast or East Coast ever won these awards. The promoting of the Stonebrook fudge was shoved down our throats everyday. Buy from Stonebrook...best fudge in the world. Well, we soon found out that MM owned part of Stonebrook. No wonder she shoved this fudge company down our throats!

Some things never change...but you know what..if it wasn't for that store and the experience I gained from running my own business...I wouldn't be where I am today. I have no regrets except I never made enough money to EVER take a paycheck. That was my biggest problem. I never made any money!!!

Life goes on and today...I am working with a large corporation and running/managing 9 motorcycle dealerships!

Anyone need a Harley?

Posted by Guest on January 21st, 2009

Put your hard earned money elsewhere!

Candy Bouquet..mmm..sounds like a great idea does'nt it? Take it from a former franchisee of four years..don't do it! I posted a comment a few weeks ago. I do not want anyone to make the same mistake we made and lose all of their hard earned money. If you want to do something like this do not buy a franchise, honestly, I would stay away from candy bouquets period! They are very labor intensive, and are not worth the work. If you are going to invest money in a franchise put it into something like a Subway etc.(Pay for the name recognition). Candy Bouquet sells by zip codes..another scam. They sold a franchise to someone bordering the zip codes we bought for over $18,000 without even telling us. If you do have a burning desire to sell these things buy a few and learn how to make them on your own. You can make "Some extra cash" maybe by selling them out of your house or as a side item in an existing store.
As far as going all out like we did and opening a Candy Bouquet Store and making any real lasting money..forget it. You will make money on Valentines Day if you have a quality product, the problem is, it will not be enough to carry you through the rest of the year..much less through the Summer. We were very successful in our community,we did it all, the Chamber of Commerce, the giveaways etc. The sad fact is it just will not work on its own. I like to compare it to that big seaplane named the Spruce Goose invented by Howard Hughes. It looks like a great big idea that will fly..but unfortunately, it won't. The people making money with this are the people selling the franchises, not the franchisees. There are a few people, a very few, who have done it a while, but I think most of them are home based and a making a little extra money on the side..nothing significant. We did learn a lot about running a business. We also learned what a fraud the Chamber of Commerce and the BBB are.. that is a whole other story. Well thats my two cents this week.put your hard eaned money elsewhere!

Posted by Guest on January 21st, 2009

SBA loan default performance for CBI has grown 17.47% since 2005

PORTFOLIO PERFORMANCE DATA BY FRANCHISE CODES

FRANCHISE CODE--NAME Disb# Disb$ Failure% Chgoff%
14244--CANDY BOUQUET,INC 34 $1,397 32% 20% as of 9-30-2007

FRANCHISE NAME Disbursed # Disbursed $ Failure % Charge Off%
CANDY BOUQUET,INC 30 $1224.00 23.33% 2.53% as of 2005

Wondering where the 2008 numbers will stand...

Posted by Guest on January 26th, 2009

SBA Loan

Unfortunately, we will never really know the statistics on those who took out second mortgages, used their retirement money and whatever else to finance this franchise and went under. It is all so sad. I'm sure the numbers for 2008 are going to be horrid. Just glad domestic franchise sales for CBI have declined tremendously. They are trying like heck to sell masters in other countries; let's all pray that they run just we are in the US.

Posted by Guest on January 26th, 2009

CBI has NO COMPETITION according to CBI Founder...Hmmmmmmmmmm

Wow to think Candy Bouquet founder says CBI has no competition. All the while franchisees struggle to pay bills, 2nd mortgage their homes, borrow from family, max out credit cards, and file for bankruptcy is a down right slap in the face. How could anyone say or even think we have no competition is downright unbelievable and an absolutely rude thing to say to every franchisee!!! Just because the founder thinks there is no other candy bouquet franchises we have no competition we are to believe there is no competition. This plane is going down fast and without the safe landing as in last weeks plane that went down - Scully is not at the controls. How the heck did I buy this snake oil?????

Franchisees are begging for guidance and help on the cbifc forum and they are ignored and the questions go unanswered.

My competition is:
Copy Cat Candy Bouquets
Sweets In Bloom
Cookie Bouquet
Gift Baskets
Candy Stores
Florist
Any store looking for the same gift dollar as Candy Bouquet

Posted by Guest on January 27th, 2009

Re:

The only advice I can give you at this time is to grab your parachute and jump! The plane is going down and fast!

Posted by Guest on January 27th, 2009

No Competition!!!!

For any business owner, especially the founder and CEO of a company to say We have no competition is just utterly ABSURD!

If that is her true feelings, this IS the beginning of the end, and thank GOD!

No one else may be selling Candy Franchises, but that certainly does not mean her Zees have no competition! Her statements alone show that CBI only cares about selling franchises.

I hope to God anyone considering buying this ridiculous concept, Runs the other way!!! In my opinion this is only a recipe for disaster!!!

Posted by Guest on January 27th, 2009

Re: No Competition!!!!

Don't forget that in today's economy, we are competing for every discretionary dollar. This means that stores that normally have not been our competition are today. It's a tough market on a good day, and today is not a good day. MM needs to realize this!!!

Posted by Guest on January 27th, 2009

Actually the CEO of Candy Bouquet is

as delusional as the CEO's of some of the bailout companies. Saying there is no competition for her product shows the level of contempt for her franchisees that the CEO that bought a $50 million dollar jet with bailout money or the CEO that redecorated his office at the tune of $1 million with bailout money. This country is controlled by GREED and STUPIDITY! It is a deadly combination and those of us who are willing to work hard to make a decent living for our families are being robbed of those opportunities by the GREED of people like Margaret McEntire. Her scam is no different then Madoff's. The only difference is her thinking is a bit smaller, but equally as skewed. At least Madoff is ripping off rich people.....MM is ripping off those that usually hand her all they have with the hopes of building some wealth under her tutelage and their hard work. She wraps her promises with quotes from anyone including Mother Theresa and tells you that she is always there for you. Unfortunately all the time she spends telling you how much she does for you takes away from the time she could spend actually running a company that could help create successful franchisees. You know what you can do with your big ole lollipop MM!!!!!!!

Posted by Guest on January 27th, 2009

Franchisor refusing to address any questions..and it grows worse

Wow and more truth just keeps on pouring out from within the CBI franchisees. Corporate refusing to address, answer or respond to numerous franchisee questions and concerns. Just when you think it can't get any worse it does. Is this the meltdown of corporate that many franchisees believe has just been right around the corner? Is the end near for CBI??? What a glorious day it will be for all franchisees as they will be set free at last and those chains will be gone.

Valentines Day just days away and the distro center has been down for weeks, franchisees have no clue how to order supplies, out of pink and red chocolate roses for weeks (a huge V-Day seller mind you), mandated websites not updated...my words who is in charge??? Is anyone home in Little Rock??? Feel so sorry for those CBI employees too as they need their paychecks to feed their family.

As the CBI saga turns..........

Posted by Guest on January 30th, 2009

and just when you thought it got worse it grows even worse.....

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8 records found

Name City State Status
APRIL'S CANDY BOUQUET INC. X AR Revoked
CANDY BOUQUET INTERNATIONAL, INC. LITTLE ROCK AR Revoked
CANDY BOUQUET OF HEBER SPRINGS, INC. HEBER SPRINGS AR Good Standing
CANDY BOUQUET OF JONESBORO, INC. JONESBORO AR Dissolved
CANDY BOUQUET OF SHERWOOD, INC. SHERWOOD AR Dissolved
CANDY BOUQUET, INC. JONESBORO AR Dissolved
DEBBIE'S CANDY BOUQUET, INC. MOUNTAIN HOME AR Revoked
NANNA'S GIFT & CANDY BOUQUET, LLC. SALEM AR Good Standing
8 records found

BUSINESS AND COMMERCIAL (UCC) SERVICES
Search Incorporations, Cooperatives, Banks and Insurance Companies
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Corporation Name CANDY BOUQUET INTERNATIONAL, INC.
Fictitious Names CANDYBOUQUET.COM

Filing # 100106136
Filing Type For Profit Corporation
Filed under Act Dom Bus Corp; 958 of 1987
Status Revoked 12/31/2008
Principal Address

Reg. Agent MARGARET MCENTIRE (I)

Agent Address 423 EAST THIRD

LITTLE ROCK, AR 72201
Date Filed 08/03/1993
Officers MARGARET M MCENTIRE , President
TONYA N TENNISON , Tax Preparer

Foreign Name N/A
Foreign Address

State of Origin N/A

Pay Franchise Tax for this corporation

LLC Member information is now confidential per Act 865 of 2007

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Posted by Guest on January 30th, 2009

and it grows even more worse....

Found this in business week http://www.businessweek.com/

KEY EXECUTIVES FOR Candy Bouquet International, Inc.*
Name Board Relationships Title Age
Bader Al-Othman No Relationships Owner --
Margaret McClain McEntire No Relationships Founder --

Candy Bouquet International, Inc. BOARD OF DIRECTORS*
Name Board Relationships Primary Company Age
There is no Board of Directors data available.

Candy Bouquet International, Inc. EXECUTIVE COMMITTEES*
Committee Name Chairperson Board Relationships Members
There is no committee data available.

*Data is at least as current as the most recent Definitive Proxy.

Candy Bouquet International, Inc.
SnapshotPeople Company Overview
Candy Bouquet International, Inc. operates as a franchisor of home based and store front businesses that specialize in floral-like creations crafted from gourmet chocolates and candies. It offers various bouquets. The company was founded in 1989 and is based in Little Rock, Arkansas. It has stores in Tulsa, Oklahoma; West Covina, California; Moose Jaw, Saskatchewan; Rock Hill, South Carolina; Charlotte and Coinjock, North Carolina; Oakes, North Dakota; San Antonio, Texas; Shrewsbury, Massachusetts; Marathon, New York; Virginia Beach, Virginia; and North Platte, Nebraska.

423 East 3rd Street

Little Rock, AR 72201

United States

Mr. Bader Al-Othman Owner
Margaret McClain McEntire Founder
Compensation as of Fiscal Year 2008.

Founded in 1989
Phone:
501-375-9990

Fax:
501-375-9998

www.candybouquet.com

Posted by Guest on January 30th, 2009

Sinking Ship

Lets see in the past 6 monthes the followng changes have been made:

-COO was fired
-Head trainer/designer left
-IT Mananger was fired
-Marketing person was hired then fired
-Graphic Designer left
-We are on our third Disto Mgr.
-The sales person with the most experience was laid off
-Everest still isnt fixed
-No branding agreement with M&M Mars

I have a great idea for a book, How to run your business into the ground, the Margaret McEntire story.

Posted by Guest on January 30th, 2009

RE: Sinking Ship

You say "The sales person with the most experience was laid off"
Who?????? Only one person comes to mind.

Posted by Guest on January 30th, 2009