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Below is an in-depth analysis and side-by-side comparison of Silver Cross vs Just Between Friends including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $105,100 - $137,100 | $38,544 - $54,509 |
Franchise Fee | $25,000 | $17,900 |
Royalty Fee | 5% | 3% |
Advertising Fee | - | - |
Year Founded | 1993 | 1997 |
Year Franchised | 1994 | 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | New franchise owners partake in a structured one month training program at the corporate store in Oakville Ontario. Learning from experienced and successful previous owners means you hit the ground running. | On-The-Job Training: 21 hours Classroom Training: 59.5 hours Additional Training: Pre-training |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Ad Templates Social media SEO Website development |
Operations |
; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 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 | Yes |
International Expansion | Yes | - |
Just Between Friends, the nation's first and largest children's and maternity consignment event franchise, operates a well-organized sale twice yearly. Benefiting the consignors, the franchisee and the community as a whole, it is an extremely popular event and is a win-win for everyone.