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Updated RecentlyQuikDrop vs The Online Outpost Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of QuikDrop vs The Online Outpost including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $80,000 | N/A |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | $1.8K/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | - |
| Year Franchised | 2003 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | $2.5K | - |
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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | - | Our training program is one of the key components in getting your business up and running efficiently. As a new franchisee you will attend The Online Outpost's one-week Trading Assistant training program which includes both classroom and in-store training. If your store or budget doesn't allow you the flexibility to travel to us, then you can always complete our web-based training and view the live training via streaming webcast. Our comprehensive program will cover step-by-step use of the operations manual, proprietary software and all the areas important to your success. Upon completion of the training program, you will work closely with our corporate franchise support team to insure a smooth, efficient store opening. There is no cost for this initial training; however you will be responsible for your own travel, meal, and accommodation expenses when you attend training at our corporate facility. |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About QuikDrop
NO LONGER FRANCHISING
About The Online Outpost
NO LONGER FRANCHISING