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Below is an in-depth analysis and side-by-side comparison of Remote Control Hobbies vs Kazoo including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $98,500 - $250,000 | $135,200 - $389,500 |
Franchise Fee | $15,000 | $39,000 |
Royalty Fee | 2.5% | 7% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 1980 |
Year Franchised | 2004 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | Yes/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 3 days of training, which is comprised of 16 hours of classroom training and 4 hours of on the job training. |
Support | - | �The products and services authorized for sale by procedures relating to Franchise specifications. �Purchasing approved equipment furnishings, signs, supplies, and anything else you need to outfit your Kazoo & Company Store �Help develop local advertising and promotional programs �Accounting, bookkeeping, administrative, and management procedures �Establishing and conducting employee programs at the Franchise |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Kazoo & Company Toys has been delighting its customers with toys, puzzles, and other games for over 30 years. Kazoo & Company has been recognized as a leader in the specialty toy industry and is now opening up to franchisees interested in sharing their secrets of success. Kazoo & Company Toys is an award-winning, community-oriented toy store that offers something new to kids. Their philosophy lies on educational, non-violent, toys, games and puzzles, and values itself on quality entertainment. Ever since 1980 Kazoo & Company has been helping to shape the lives of kids and parents since 1980. The Kazoo & Company Difference �Utilizing a progressive business approach and code of ethics �Offering non-violent, educational, positive toys and games �Being community-involved and recognized �Commitment to excellence in business ethics �Award-winning toys and business philosophy A Booming Industry! In the United States alone, overall revenue for toy and hobby stores topped over $16.8 billion in 2010, with 2% revenue growth for that year. This industry employs 142,343 people, with more than 22,000 established stores generating nearly $2 billion in total wages (2010). The gross product for the hobby and toy store industry is nearly $2.5 billion. This industry offers a unique opportunity for investors and Kazoo & Company Toys gives you all the tools necessary to succeed. Kazoo & Company is dedicated not only to your monetary success, but also the success of your brand. Developing customer satisfaction and retention is the foundation of continued profitability.