Dream Day Dressing Rooms logo

Dream Day Dressing Rooms Franchise

Audited Financials
HospitalityEst. 2021Andover, MN
www.DreamDayDressingRooms.com

Risk Score

Pending analysis

Investment Range

$56,000 - $107,550

Franchise Fee

$7,500

Total US Locations

1

Business Summary

Dream Day Dressing Rooms operates an onsite wedding and special event dressing room business. It provides pop-up bridal and groom suites that are fully furnished with all necessary amenities at any location. This service-oriented business offers solutions for individuals and companies planning weddings and other special events by handling the setup and breakdown of these comfortable dressing suites. Dream Day Dressing Rooms offers services including onsite consultations, various signature packages with furnishings and décor, delivery and setup services, breakdown services, and special event dressing room setups for purposes like green rooms, photo shoots, and fashion shows. The business can be operated from home or a small commercial space.

Corporate History

Suite Surroundings, LLC, operating as Dream Day Dressing Rooms, was incorporated in Minnesota on December 20, 2021. This FDD marks the first time Suite Surroundings, LLC has offered franchises. An affiliate, Dream Day Dressing Rooms, LLC, was formed earlier on July 16, 2016, and operates one Dream Day Dressing Rooms business that is substantially similar to the franchised business, though it is not part of the franchise system. Heidi Mathson is the co-founder and President of both entities.

Financial Overview

Investment Range

$56,000 - $107,550

Franchise Fee (Low)

$7,500

Franchise Fee (High)

$15,000

Royalty %

3%

Marketing %

0.5%

Equipment Costs (Low)

$26,250

Equipment Costs (High)

$48,000

Working Capital

$13,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The financial statements for Dream Day Dressing Rooms (Suite Surroundings, LLC) show net losses for both 2023 (-$2,764) and 2022 (-$2,491). As of December 31, 2023, the company had $0 in cash and cash equivalents, and total assets. A special risk disclosed in the FDD states that the franchisor's financial condition, as reflected in its financial statements, calls into question its ability to provide services and support to franchisees.

Financing Details

Dream Day Dressing Rooms does not offer any direct or indirect financing arrangements to its franchisees and does not guarantee any notes, leases, or other obligations. The franchisor may assist franchisees in obtaining financing or make other arrangements available in the future, but franchisees are free to accept or reject such financing.

Performance Metrics

Total US Locations

1

Franchised Units

0

Corporate Units

1

Avg Square Footage

1,000

Franchising Since

2024

Agreement Terms

Initial Term

3 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise agreement, Dream Day Dressing Rooms franchisees must provide written notice to the franchisor within a specific timeframe (between 6 and 12 months before the term ends). They must be in full compliance with the current franchise agreement, not be in default, meet all performance standards, and have satisfied all financial obligations. Franchisees are also required to sign the then-current form of the franchise agreement (which may have different terms), execute a general release of claims, meet any current qualification and training requirements, and upgrade their business and vehicles to meet current brand standards.

Training & Support Program

Franchisor Assistance

Before opening their business, Dream Day Dressing Rooms provides guidance with site selection if needed, approval of leases, and assistance with obtaining licenses and permits. They offer mandatory specifications for premises design (if applicable), vehicle appearance standards, and approved lists of products, suppliers, and technology items. Franchisees also receive recommended guidelines for hiring staff. Initial training includes a self-study program, a comprehensive five-day program at corporate headquarters covering all aspects of the business, and up to three days of onsite marketing assistance and guidance at the franchisee's location. Ongoing support includes a dedicated phone line and email for questions, updates to manuals, product specifications, marketing strategies, and operational advice. The franchisor conducts continuing education, which may involve webinars or annual conferences, and manages a System Advertising Fund for national and regional advertising.

Initial Training Hours

63

Training Location

Corporate headquarters in Andover, Minnesota

Ongoing Support

After opening, Dream Day Dressing Rooms franchisees have access to ongoing training and support. This includes consultations and advice on services, packages, sales, marketing, and operational issues via a dedicated phone line and email during business hours. The franchisor provides updated lists of approved products, supplies, services, and vehicle appearance standards, along with suggested rates for services. Franchisees also receive updates for technology items and software programs. The franchisor may offer additional onsite supervision, continuing education sessions (some with a fee), and conduct annual conferences. Franchisees also have access to an intranet system for news and templates, and are encouraged to participate in a franchisee-elected peer group.

Franchise Requirements

Ideal Candidate Profile

Dream Day Dressing Rooms is seeking individuals who are committed to working hard and diligently in their business. Ideal candidates should possess strong personal business, marketing, management, and judgment skills, as these are considered the most important factors for success. Franchisees must provide direct, day-to-day, full-time supervision of their business, either personally or through a managing owner. Additionally, the business must retain an Operations Manager (who can be the owner) and a minimum of one full-time salesperson, both of whom must successfully complete the franchisor's training program.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Full-Time

Territory Type

Protected

Territory Size Requirements

Dream Day Dressing Rooms awards a protected territory with a defined population of up to 1,000,000 persons, though it can be less depending on the area. The franchisor determines the territory based on factors such as zip code, population, average household income, demographics, business potential (e.g., number of hotels, wedding venues), competition, and market penetration. The territory is not altered by sales volume or client numbers. While a franchisee is the only Dream Day Dressing Rooms business physically located in their territory and the franchisor will not establish other company-owned or franchised units there, franchisees do not receive an exclusive territory and may face competition from alternative distribution channels.

Staffing Notes

A Dream Day Dressing Rooms® franchise requires the franchisee to provide direct, day-to-day, full-time supervision. Each Dream Day Dressing Rooms® business must operate under an Operations Manager who has successfully completed the franchisor's training. Franchisees must also retain a minimum of one full-time salesperson within 30 days of opening the business. Both the Operations Manager and the salesperson can be the franchisee or one of the owners. For example, a Dream Day Dressing Rooms® franchisee could initially act as the salesperson, delivery driver, administrative support, and operations manager to keep costs low. If the franchisee takes on the full-time salesperson role, they might still need to hire part-time delivery drivers, administrative help, and an Operations Manager. The franchisor provides recommended guidelines for hiring and managing employees and independent contractors, but Dream Day Dressing Rooms® franchisees are solely responsible for all daily employment decisions, including hiring, training, disciplining, and setting compensation. All staff, including independent contractors, must undergo background checks to ensure they are suitable for employment and do not have records of child molestation, drug abuse, or criminal behavior that could jeopardize client welfare or the brand's reputation. If an Operations Manager or salesperson leaves a Dream Day Dressing Rooms® business, a replacement must be appointed within 60 and 30 days respectively, and trained by the franchisee at their own cost. The Operations Manager may be required to sign a confidentiality and non-compete agreement. Salespersons for a Dream Day Dressing Rooms® franchise are allowed to work from a home office, but their business cards and other materials must display the main Dream Day Dressing Rooms® business contact information.