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Below is an in-depth analysis and side-by-side comparison of Children's Orchard vs Panda Shoes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $174,700 - $326,500 | $80,000 - $125,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 4% | 4% |
Advertising Fee | $2K/yr | 0.5% |
Year Founded | 1980 | 1972 |
Year Franchised | 1985 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3K | - |
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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
15.6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Children's shoes specialist. The best selection for kids from all the best suppliers. Lots of exclusivities. Complete training to franchisees and staff, buying, selling, administration, merchandising, advertising, etc. Join the #1 children's shoe specialist in Canada.