Cash Converters vs Hut no. 8 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cash Converters vs Hut no. 8 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cash Converters Franchise
Hut no. 8 Franchise
Investment $160,000 - $300,000$91,700 - $201,900
Franchise Fee $50,000$15,000
Royalty Fee -$360/mo.
Advertising Fee --
Year Founded 19952007
Year Franchised -2009
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Cash Converters Franchise
Hut no. 8 Franchise
Experience --

Financing Options

 
Cash Converters Franchise
Hut no. 8 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Cash Converters Franchise
Hut no. 8 Franchise
Training -You will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building
Support --
Marketing --
Operations --

Expansion Plans

 
Cash Converters Franchise
Hut no. 8 Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Cash Converters

Cash Converters is a unique and exciting international retail concept. What began in Perth Australia in 1984 is today a dynamic international franchise group with over 500 stores worldwide. Cash Converters specializes in the buying and selling of quality second-hand goods - jewelry, TVs, stereos, tools, electrical goods, etc. Bright, well-merchandised stores with trained, uniformed staff service the customers who receive cash for their goods when they sell and a 30-day warranty on products when they buy. People have been trading goods for hundreds and hundreds of years. The primal instinct to exchange one thing for something else probably pre-dates written history. It's an instinct that drives bargain hunters to garage sales and auction lovers to on-line sites.
The desire to strike a deal, to barter or to think you have obtained something for virtually nothing is the reason Cash Converters came into existence.

About Hut no. 8

Hut no. 8 offers the benefits of being part of a large chain without that whopping great price tag, and with some flexibility as to how you will run your own business. Goin' Postal Franchise Corporation has a proven track record of building successful franchisees with great branding, but at a fraction of the price of everyone else. How? We have franchisees start their business the way we start businesses; by starting off right with the necessary investment, but then letting the income from the business build it up further.
 
Hut no. 8 offers
- Full turn-key operations
- Fantastic Branding
- Combined chain-wide buying power
- In-depth corporate training Industry leading technical support
- The best marketing ROI of ANY franchise system, large or small.
 
Thank you for your interest in joining the Hut no. 8 family! As a nationwide network of proactive, positive, and enthusiastic entrepreneurs, our franchisees are on the path to making their financial goals a reality, and we hope that you will join them and us to share in our mutual success.