Kid to Kid vs Hope Chest for Breast Cancer Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Kid to Kid vs Hope Chest for Breast Cancer including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Kid to Kid Franchise
Hope Chest for Breast Cancer Franchise
Investment $300,825 - $488,825$95,600 - $155,300
Franchise Fee $25,000N/A
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 19922002
Year Franchised 19942006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Kid to Kid Franchise
Hope Chest for Breast Cancer Franchise
Experience
  • General business experience
  • Knowledge of children's products helpful, but not required
    		• -

    Financing Options
     
    Kid to Kid Franchise
    Hope Chest for Breast Cancer Franchise
      In-House/3rd PartyIn-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
     
    Kid to Kid Franchise
    Hope Chest for Breast Cancer Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing location-
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations International franchisees required to buy multiple units/master licenses; 31% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Kid to Kid Franchise
    Hope Chest for Breast Cancer Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Kid to Kid

    Shauna Sloan dragged her significant other Brent into an upscale youngsters' resale store in 1992. As a lawyer and strip mall official, Brent was shocked by the second-hand store's chic customer base. Persuaded that no administrator had completely amplified the capability of the resale idea, the Sloans set out to make a kids' resale organize, making a trip crosscountry to visit stores and converse with clients, supervisors and proprietors. Later that same year, the Sloans opened their first store in Sandy, Utah. They opened a moment store inside the year, with the principal establishment area opening in 1994.

    Kid to Kid is an energizing and element establishment that is not simply retreat verification -"it is subsidence prosperous, with a model that interests to families from each level of pay.Kid to Kid has flourished throughout the most recent two decades from a family's basic thought into an energizing shopping background that consolidates the retail force of resale with a world class shopping knowledge.

    Today, Kid to Kid is a compel in the retail space, with a demographic that extends past the run of the mill resale customer profile. We are keeping on achieving record highs in benefits and deals. Joining our establishment family as of now could introduce the ideal open door for you to possess your own particular business while additionally finding autonomy and soundness through a flourishing business that increases the value of your group.

    Seeking new franchise units throughout the U.S., Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America and Western Europe    

    Veteran Incentives  $5,000 off franchise fee

    About Hope Chest for Breast Cancer

    Hope Chest for Breast Cancer provides Emergency Assistance Grants to support local breast cancer patients and their families. Our business model combines the power of a foundation and revenue-generating Resale Shop. Hope Chest for Breast Cancer combines donations, grants, event revenues and store proceeds to provide a solid revenue stream for its mission. Hope Chest for Breast Cancer  is open seven days per week and sells merchandise at a fraction of the cost because all of the items - from evening wear to end tables - are donated from individuals or corporations.