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Below is an in-depth analysis and side-by-side comparison of Oxford Learning Centres vs Viva the Chef including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,000 - $215,000 | $200,000 - $500,000 |
Franchise Fee | $39,500 | $35,000 |
Royalty Fee | 10% | 6% |
Advertising Fee | - | - |
Year Founded | 1984 | 2003 |
Year Franchised | 1989 | 2004 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | $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/No | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | - | National media, Regional advertising |
Operations |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING