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Updated RecentlySOHO Hero vs EcoBox Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SOHO Hero vs EcoBox including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $175,000 - $190,000 | $136,900 - $324,800 |
| Franchise Fee | $29,500 | $19,000 - $29,500 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1997 | 1994 |
| Year Franchised | 2000 | 2008 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We are looking for candidates with strong business background, ability to build and motivate a team and to execute and implement operating system. Financial: Minimum of $75,000 in liquid capital Minimum of $250,000 net worth and a strong credit history Ownership structure: Approved franchisee must retain at least 51% ownership at all times and oversee store operations. Training: Successful completion of EcoBox University and in-store training. Other: Good driving record (MVR), good credit, no bankruptcies, U.S. citizenship or the ability to work legally in the U.S. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Franchisees receive 15 days training: 5 days classroom and 5 days hands on in-store training at our corporate headquarter in Austin, Texas. Additional 5 days on-site training prior to and after store opening. On going online support via GoTo Meeting, DVD and one-on-one training, plus quarterly leadership training and annual meeting. |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
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 EcoBox
It's Your Move.
Founded in 1994, EcoBox is a multi-million dollar company, currently operating two successful stores and a distribution center in Austin, Texas. We are now ready to expand our operation to additional markets in Texas.
EcoBox, a leading moving and shipping supplies company based in Austin, Texas, is looking for bright, energetic franchise partners who want to be part of our national expansion. At EcoBox, our message is simple but powerful: Our customers get the largest selection of new and recycled moving and shipping supplies at the lowest possible cost - saving money and helping the environment at the same time.
Why Franchise with EcoBox? Never has the market been better for the independent packaging industry. Americans are on the move. The average person moves 11 times in their lifetime, and 17 percent of all Americans (roughly 50 million people) change their address each year.
At the same time, small businesses and home-based businesses are growing as never before. More than 99 percent of all businesses today are small businesses. And more than half of those are home-based, according to the Small Business Administration.
EcoBox is an exciting "green" concept specializing in moving boxes and shipping supplies with an economical and ecological approach.