|
Below is an in-depth analysis and side-by-side comparison of Shefield & Sons vs International News including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $110,000 - $200,000 | $120,000 - And Up |
Franchise Fee | $10,000 | N/A |
Royalty Fee | 2%-8% | Flat rate of $500-$600 per month. |
Advertising Fee | - | - |
Year Founded | 1976 | 1994 |
Year Franchised | 1976 | 0 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $5K | - |
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 | - | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
2% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
In business across Canada since 1976 , one of Canada’s pre-eminent franchisors, focused on building specialized franchised locations in regional centres. Shefield & Sons, a specialty tobacco shop in Prince George, British Columbia. The company began franchising soon after its founding and quickly spread throughout western Canada. Shefiled & Sons locations sell cigars, cigarettes and other tobacco products. Each also carries magazines, newspapers and gifts.
Shefield & Sons is part of the Shefield Gourmet Group, which also includes The Gourmet Cup and Shefield Gourmet.