Watch It! vs Pandora Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Watch It! vs Pandora including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Watch It! Franchise
Pandora Franchise
Investment $200,000 - $250,000$680,000 - $1,256,000
Franchise Fee $25,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 19992009
Year Franchised 20042010
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Watch It! Franchise
Pandora Franchise
Experience --

Financing Options

 
Watch It! Franchise
Pandora Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Watch It! Franchise
Pandora Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Watch It! Franchise
Pandora Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Watch It!

Through a huge selection of the biggest names in fashion watches and sunglasses Watch IT! transforms buying a watch or pair of shades into the ultimate indulgence. Watch IT! is unique to the Canadian marketplace as no other store offers its diversity, product range, or corporate culture. Our revolutionary concept makes the traditional department store and high-brow jewellery store feel archaic in both style and service. At Watch IT! every purchase comes with unparalleled customer care and attention. With its unprecedented access to select brand name products, a trademarked name, a consistent look and feel across stores, low start-up costs and operating procedures that are polished and efficient, purchasing a Watch It franchise is a sensible investment.

About Pandora

"Pandora

The Pandora franchise system is developed and managed by Pandora’s subsidiaries. The franchisee enters into an agreement with Pandora, and in operative matters mainly deals with the local Pandora Retail Management. In  short, here is what it takes to become a Pandora franchisee:

•    Retail experience with good results and proven track record
•    Entrepreneurial mindset
•    A passion for sales and for offering excellent customer service
•    An interest in design and an eye for details
•    A willingness to personally devote full-time efforts to daily operations of a Pandora store
•    Appreciation of the Pandora brand
•    Commitment to the Pandora franchising system and cooperation within the whole chain
•    Solid financial foundation