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Below is an in-depth analysis and side-by-side comparison of Apricot Lane vs A Shade Better including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $137,150 - $361,800 | $114,000 - $156,000 |
Franchise Fee | $39,500 | $35,000 |
Royalty Fee | 5.5% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1991 | 1988 |
Year Franchised | 2004 | 1993 |
Term Of Agreement | 10 years | 5/5/5/5 Years |
Term Of Agreement | 10 years | 5/5/5/5 Years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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Training | - | Cleveland, OH or Phoenix, AZ 6 Days
On-Site 6 Days |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Inventory Control: Regional or National Meetings: At Additional Cost 800 Telephone Hotline: |
Marketing | - | - |
Operations |
Number of employees needed to run franchised unit: 5 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 2 Full-time, 2 Part-time Preferred Sites: Strip Center |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING