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Below is an in-depth analysis and side-by-side comparison of Shoes-n-Feet vs Del Sol including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $185,800 - $313,000 | $150,000 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1998 | 1994 |
Year Franchised | 2002 | 1998 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 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 | Available at franchisee's location | At Headquarters At Licensee's Location Manual By Video Online By Phone |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Advertising/Marketing Technical Support Phone Support |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
66% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Business can be run part-time. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Invest in a profitable business venture that's hard work and tons of fun, too. Del Sol is one of the fastest growing tourist-based businesses in the United States, Caribbean, Mexico and Canada, and it continues to be the number-one clothing retailer in the Caribbean. As a store owner, you share in all the growth and excitement of Del Sol and its bright future ahead! You will own and run your own business, while still reaping the support of an entire corporation and proven retail programs that will help you to be successful. At Del Sol, profits soar in sunlight!