Educational Outfitters vs Copper Penny Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Educational Outfitters vs Copper Penny including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Educational Outfitters Franchise
Copper Penny Franchise
Investment $82,600 - $198,150$189,850 - $414,900
Franchise Fee $29,500$25,000
Royalty Fee 5%3%-5%
Advertising Fee 3%1%
Year Founded 19981987
Year Franchised 20012013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Educational Outfitters Franchise
Copper Penny Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Educational Outfitters Franchise
    Copper Penny Franchise
      In-House/3rd PartyIn-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
     
    Educational Outfitters Franchise
    Copper Penny Franchise
    Training - On-The-Job Training: 40 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing
    Operations

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 4

    Expansion Plans
     
    Educational Outfitters Franchise
    Copper Penny Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Educational Outfitters

    Chattanooga, Tennessee-based Educational Outfitters was founded by Jamey and Brian Elrod in 1998 to make school uniform shopping more convenient for parents. The company sells tops, bottoms, jackets and accessories for public and private elementary, junior high and high school students.Educational Outfitters is the first franchise opportunity that offers retail stores-selling school uniforms and dress code apparel. Our customers are parents of students enrolled in Kindergarten through 12th grade at private, parochial, Christian and public schools. This is a huge and growing market. Not only are enrollments at private secular and religious schools growing, but also an increasing number of public schools are turning to uniforms and dress codes as a means of improving scholastic achievement, conduct, safety and self-esteem.

    We are committed to our customers and our franchise owners, and this culminates in our stated two-fold company purpose: "To seek, serve, and honor God as a business, and to have a multiplying impact on the lives our business touches."

    For our customers, we work to provide superior products, service, value, and convenience. For our franchise system, we deploy our proven concept, systems, and best efforts to help our owners succeed in their local markets.

    About Copper Penny

    Copper Penny is always looking for key individuals interested in growing with the Copper Penny family. We offer a low-cost business model for someone with the passion and drive to proudly represent the Copper Penny name. If you are interested in discussing the possibility of franchising Copper Penny or Copper Penny Shooz, please contact us.