| ||||
Updated RecentlyPanache Magazine vs SportsXpress Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panache Magazine vs SportsXpress including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $268,400 | $15,000 - And Up |
| Franchise Fee | $150,000 | $15,000 |
| Royalty Fee | 0 | 10% which includes a 2% towards training fund |
| Advertising Fee | - | - |
| Year Founded | 2003 | - |
| Year Franchised | 2004 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | 25% of then current fran. fee | - |
Business Experience Requirements |
||
| Experience | * Passion for sports * Strong people skills * Small financial investment | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations | - |
| Marketing | - | - |
| Operations |
Franchise can be run from home.
- 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Panache Magazine
The entrepreneurial culture at Panache Partners creates unique career opportunities in publishing for those special individuals who thrive in an environment where sophistication, style, ingenuity and a fast pace are the norm.
At Panache Partners, a career means wearing the hat of a publisher and taking ownership for creating elegant coffee table books that surpass the expectations for the people we serve: our clients and, of course, our discerning readers.
Careers at Panache are, in a word, panache!
If you are one of those special individuals, we invite you to contact us.
About SportsXpress
SportsXpress is a grassroots, multi-media publishing platform dedicated exclusively to the community sports lifestyle! We’re all about the athletes, their teams, coaches, families, volunteers and fans. We publish real life stories and include all ages and skill levels.
Our business plan was derived from the evident lack of coverage of local organized sports. Through discussions with numerous groups and associations we also discovered those involved in local sports view it as more of a "lifestyle" - an important part of their identity. Later, we discovered the local sports scene is one of the largest lifestyle segments in any community and across the country.
In the spring of 2008 we launched a test model and have been developing the playbook ever since.
We are excited to invite you to be a part of this distinct lifestyle - one that we call a “hidden economy”, and look forward to working with you on developing your winning game plan.