![]()
| ||||
Below is an in-depth analysis and side-by-side comparison of Elephant House vs PartSource including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $28,000 - $44,500 | $50,000 |
| Franchise Fee | $10,200 | $30,000 |
| Royalty Fee | 0 | - |
| Advertising Fee | - | - |
| Year Founded | 1991 | 1996 |
| Year Franchised | 1991 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| Training | As needed | $10k + GST |
| Support | Newsletter, Toll-free phone line | - |
| Marketing | - | - |
| Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Greeting card publisher and distributor Elephant House provides greeting cards to customers worldwide. Franchisees for the company set up racks in a range of retail locations, selling cards from Elephant House's three lines on consignment.
Our mission is to be the most recommended auto parts specialty store in Canada. We service do-it-yourselfers and professional commercial installers. We supply nationally branded parts. We provide training and ongoing professional support. PartSource, the newest venture of Canadian Tire. Come grow with us.