| ||||
Updated RecentlyStork News of America vs Talking Book World Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stork News of America vs Talking Book World including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $11,530 - $75,700 | $150,000 - $225,000 |
| Franchise Fee | $8,000 - $13,000 | $25,000 |
| Royalty Fee | $800-1.2K/yr. | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1983 | 1993 |
| Year Franchised | 1984 | 1995 |
| Term Of Agreement | 1 year | 15 years +5 |
| Term Of Agreement | 1 year | 15 years +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Available at franchisee's location | Franchisee's Store 2 Weeks |
| Support | Newsletter, Toll-free phone line, Internet | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | Co-op advertising | - |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Stork News of America
Stork News of America Inc. was founded in 1983 and began franchising in 1984. It has more than 135 locations in the United States and Canada. Stork News has an arrangement with Babies 'R' Us that places Stork News displays in all Babies 'R' Us units that are located in an area where a Stork News franchisee is present, thus offering franchisees automatic advertising. Stork News of America is based in Fayetteville, North Carolina.
About Talking Book World
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.