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Below is an in-depth analysis and side-by-side comparison of Kid to Kid vs Restyle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $300,825 - $488,825 | $46,500 - $61,700 |
Franchise Fee | $25,000 | $24,900 |
Royalty Fee | 5% | $500/ month |
Advertising Fee | 0.5% | - |
Year Founded | 1992 | 2005 |
Year Franchised | 1994 | 2005 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 25% of franchise 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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing location | * Available at headquarters * Available at franchisee's 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) | * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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
NO LONGER FRANCHISING
The Restyle idea initially began back in July of 1992 when the author opened
her first transfer store named Amelia's Attic. Under her operation, Amelia's
Attic developed into a flourishing and fruitful relegation store in the distribution
center area of Waco, TX.
In the spring of 2005, the originator chose to bring the achievement
experienced with Amelia's Attic and figure that for other individuals needing
to possess their own relegation store.
In this manner, Restyle Was Born
Our objective and energy is to help those potential franchisees build up and
keep up Restyle stores that set a standard in the relegation business. Restyle
gives clients a fun, well disposed, sorted out place to shop and spare. With
many new things arriving week by week and a stock that progressions day by day,
clients can discover fabulous, current name brands at costs that truly are
reviving.
Shippers are given a simple and advantageous approach to transform their
flooding storage rooms into trade and that's constantly out style. Whether you're
a sender, client, or both, we genuinely fancy that your Restyle experience is
pleasant, unwinding, and satisfying.
Why Consignment?
Incredible unique selection...where else would you be able to discover such a
large number of styles and marks in one place?
Stock that progressions every day!
More than 500 things transferred each week!
Profiting has never been so natural!
Name mark garments up to 75% and more off retail!
Well disposed, fun, sorted out and welcoming shopping climate.
Why Restyle?
Negligible speculation
No stock expenses
Low budgetary hazard
Fruitful in every single monetary environment
Proprietorship in a multi-billion dollar industry
Ladies cherish a deal