SOHO Hero vs Mail Boxes Etc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SOHO Hero vs Mail Boxes Etc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
SOHO Hero Franchise
Mail Boxes Etc. Franchise
Investment $175,000 - $190,000$154,950 - $293,500
Franchise Fee $29,500$29,900
Royalty Fee 5%6%
Advertising Fee 2%2%
Year Founded 19971990
Year Franchised 20001990
Term Of Agreement -10 years +10
Term Of Agreement -10 years +10
Renewal Fee --


Business Experience Requirements
 
SOHO Hero Franchise
Mail Boxes Etc. Franchise
Experience --

Financing Options
 
SOHO Hero Franchise
Mail Boxes Etc. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
SOHO Hero Franchise
Mail Boxes Etc. Franchise
Training -1. Corporate Office 2 Weeks

2. Center 1.5 Weeks
Support -Central Data Processing: At Additional Cost

Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening: At Additional Cost

Franchisee Newsletter

Regional or National Meetings: At Additional Cost
Marketing --
Operations -Average Number of Employees: 2 Full-time, 1 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
SOHO Hero Franchise
Mail Boxes Etc. Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion -Yes

Company Overviews

About SOHO Hero

The SOHO HERO concept was launched when savvy young entrepreneur and Atlanta resident, Chris Kouloukas, discovered that small office and home office business professionals had no place to go for meetings and other vital business services.  As a result, the SOHO HERO Business and Meeting Center concept was born, and today the company provides a comprehensive resource for business owners and professionals who work from home, telecommute or are in need of private, professional meeting, work or conference rooms.  SOHO HERO represents a new ‘world of work’ scenario that provides our Small Office, Home Office professionals, a comprehensive suite of business services, professional meeting spaces, wi-fi connections, and state-of-the-art video-teleconferencing. SOHO HERO Business and Meeting Centers provide a complete menu of presentation and communications tools and upscale meeting facilities for the ‘new mom & pop shops’ that have embraced the electronic age and understand the value of interactive business tools and opportunities. We handle all of the business services needs that our customers would normally be able to get if they worked in an office environment, but don’t have access to since they are working from their homes.

About Mail Boxes Etc.

MBE Service Centers facilitate the activities of entrepreneurs, businesses and private consumers through a platform of digital-ready shipping, fulfillment, marketing, e-commerce and print solutions delivered with a distinguished and unique level of customer service.
Mail Boxes Etc. offers you all the quality business services you need, right in your neighbourhood. Whether it's copying and digital printing solutions, document services, great shipping options, our full-service packaging, or mailbox services, you can get it done at your neighborhood Mail Boxes Etc. location. Mail Boxes Etc. franchisees are ready to make your business easier at over 257 locations across Canada.