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Savvy Bride

At Savvy Bride Boutique you are greeted at the door by your smiling Stylist and offered champagne while you are shown to your private bridal suite.

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Savvy Bride

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Savvy Bride Franchise Cost and Requirements for 2024

Background

Savvy Bride Boutique is a market leading bridal brand, and our success has come from the premise that although we are a bridal franchise, we strategically identify as a sourcing and supply chain company. We take advantage of economies of scale through purchasing, and have streamlined our backend to be efficient and cost-effective. As a result, we can capitalize on a 4-5x markup on the majority of our stock, compared to the industry standard of 2.2-2.5x.

Our boutique is fun, modern, and laid-back. We forgo the traditional stuffy environment and rather provide our Brides an inviting space where they can feel comfortable with their entourage. We offer several upgraded packages for different experience levels, which increases both our close ratio and total ticket price.

In addition to negotiating direct with Designers for territory and perks, we procure and offer styles exclusive to Savvy Bride locations. This not only differentiates us in the marketplace, but allows us to achieve a profit margin of 85%+.

We serve thousands of Brides every year, and have quickly solidified our reputation as having the best dresses at the best price. This, in tandem with our internal process-focused structure leads Savvy Bride to top tier profitability and a consistent focus on bottom-line efficiencies.

The wedding attire industry is a $26B+ industry, with almost 2M weddings taking place in the US every year. The Savvy Bride model is proven to be successful, and we are ready for expansion to capitalize on other territories. Our process-focused business allows for quick onboarding and long-term support to our entire franchise network.

Company Details

Established: 2018
First Unit Franchised: 2021
Franchised Units: 2
Company Owned Units: 1
States Registered In: North Carolina - NC, South Carolina - SC
Canada Franchises: Yes
International Franchises: No

Support and Training Offered By Savvy Bride

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Savvy Bride Boutique offers remote and in-person training for both owners and staff. The company believes in standardizing the 5 star experience and therefore offers extensive training to each position to ensure consistent results.

2024 Franchise Requirements Needed to Own a Savvy Bride Franchise.

What does a Savvy Bride Franchise Cost?

Savvy Bride franchise fees for 2024:

Cash Investment: $50,000-$55,000
Total Investment: $135,000-$236,000
Minimum Net Worth: $350,000
Franchise Fee: $49,000
Royalty: 3% year 1 4% year 2 5% year 3+
Ad: $750 or 2% of rev
Item 19: Yes
Average Number of Employees: 5
Visa Candidates: Yes
Passive Ownership: No
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Savvy Bride a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Savvy Bride is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Savvy Bride a Home Based franchise?

No. Savvy Bride is not a home based franchise opportunity.

What Do Savvy Bride Franchise Owners Make?

Click here to find out how much Savvy Bride franchisees make. Savvy Bride offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Savvy Bride a Master Franchise Opportunity?

No. Savvy Bride is not a master franchise opportunity.

Does Savvy Bride Offer a Veteran Discount?

Yes. Savvy Bride franchise does offer a veteran discount.

Does Savvy Bride Work with E2 Visa and EB-5 Visa Candidates?

Yes. Savvy Bride franchise does work with E2 Visa and EB-5 Visa candidates.

Is Savvy Bride Looking for Franchisees in Canada?

Yes. Savvy Bride franchise is looking for Canada franchisees.

Is Savvy Bride Looking for International franchisees?

No. Savvy Bride franchise is not looking for International franchisees.

Where can I see Savvy Bride's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Retail, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Savvy Bride Franchises for Sale

Click Here to inquire about existing Savvy Bride franchises for sale. We may have Savvy Bride franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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