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Below is an in-depth analysis and side-by-side comparison of ColorTyme vs Bellini Furniture including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $229,575 - $357,500 | $139,500 - $278,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 4% | - |
Advertising Fee | $250/ mo | - |
Year Founded | 1979 | 1977 |
Year Franchised | 1982 | - |
Term Of Agreement | 5-10 years | 10 years |
Term Of Agreement | 5-10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | � Business Experience: � Industry experience � General business experience � Marketing skills | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | Yes/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | Yes/Yes | -/- |
Receivables | Yes/Yes | -/- |
Payroll | Yes/Yes | -/- |
Training & Support |
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Training | 4 Weeks | All franchise owners must attend an extensive Franchise Training Program. We provide, at no charge, personnel, materials and equipment. You are responsible for all other expenses, including transportation, lodging and meals. |
Support | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees | - |
Marketing | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support | - |
Operations | � 49% of all franchisees own more than one unit � Number of employees needed to run franchised unit: 5 � Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) � Average Number of Employees: 5 Full-time, 0 Part-time | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
ColorTyme is America’s first franchisor of independently owned and operated rent-to-own stores.The nation's oldest rental-purchase franchise company, specializing in electronics, furniture, appliances and computers.ColorTyme franchised stores provide the best selection of name brand home furnishings, appliances, computers and electronics to buy, rent or lease to own. Products are typically delivered and set-up with no hassles and no down payment. Customers are able to lease living room furniture, bedroom furniture, big screen televisions and more! Name recognition, a national product service system, and 100% inventory financing are all reasons to join the ColorTyme family. Compelling unit economics combined with a well established, respected and trusted Franchisor provides an unparalleled opportunity.ColorTyme is an independent, wholly owned subsidiary of the largest rent-to-own company in the world, Rent-A-Center (NASDAQ: RCII).
Our one-of-a-kind products paired with our carefully selected franchise-partners make Bellini one of the nation's most unique and exclusive specialty retail boutiques. Today's infant and juvenile product market is full of older and more affluent first-time parents who are willing and able to lavish the best of everything on their children. These big spenders are wiser, too, "and that's why they love our grows-with-the-child concept in furniture design. In addition to stylish, hardwood juvenile furniture, Bellini franchise boutiques also feature an extensive collection of made-to-order bedding, customized wall hangings, original artworks, lamps, strollers and high chairs. Desks, desk accessories, trundle beds, shelves and mirrors bring customers back year after year. Many items are available exclusively through Bellini. We'll take care of you, too! As a Bellini franchise owner, you're entitled to the same top- drawer treatment as our customers. Our Franchise Agreement provides for a specific location and a designated area of exclusivity. We have invested years of research and development in our business to ensure your success as a franchise. From boutique location to product display to merchandise selection, we hold your hand every step of the way!