|
Below is an in-depth analysis and side-by-side comparison of HobbyTown USA vs Learning Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $199,500 - $374,000 | $25,825 - $364,150 |
Franchise Fee | $20,000 | $25,000 - $35,000 |
Royalty Fee | 3% | 5% |
Advertising Fee | 1%-3% | - |
Year Founded | 1969 | 1987 |
Year Franchised | 1986 | 1987 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2K | 10% of then current fran. fee |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: At toy fair, annual convention |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures ield Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Join a successful franchise
The HobbyTown USA team has developed a business plan that has proven successful over the last twenty years. When you sign up as a HobbyTown USA franchise owner, we give you operational training from our expert staff, provide you with services that would not be cost-effective as an independent business owner and offer national brand recognition with the HobbyTown USA name.
"The hobby industry has seen many exciting changes over the last two decades and it continues to grow, but one thing remains constant, HobbyTown USA continues to offer our customers a wide variety of hobby products that provide hours of family entertainment for very little investment."
* Join the HobbyTown USA team and enjoy these benefits: The most recognized and trusted name in the hobby industry
* Financing assistance after the agreement is executed
* Site location and lease negotiation assistance
* Comprehensive store layout and design services
* On-site training and opening assistance
* Complete pre-opening and operations manuals
* Ongoing business support from the home office
* Point of purchase and inventory computer program and 24/7 technical support
* Customizable store website
* Marketing support
* Discount product purchase program and national buying power
* Annual franchise convention with educational seminars and trade show
Learning Should be FUN
Learning Express Inc., is a specialty toy store franchise, with more than 100 locations across the country. As the leader of the specialty toy and children's gift category, Learning Express Inc. provides a fun and friendly shopping environment, with a knowledgeable sales staff that provides expert advice to parents looking for that perfect toy.
At Learning Express Inc., we pride ourselves on the quality and uniqueness of our toy selection. We carefully select each product to ensure shelves are stocked with unique and innovative products that encourage learning through play, including games and puzzles, developmental toys, arts and crafts kits, science and nature products, construction toys, books, dolls, plush and other unique items exclusive to Learning Express Inc. and specialty toy retailers.