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Below is an in-depth analysis and side-by-side comparison of IslandTime Treasures vs Painting with a Twist including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $11,000 - $26,350 | $120,500 - $260,000 |
Franchise Fee | $7,500 | $25,000 |
Royalty Fee | 10% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2011 | 2007 |
Year Franchised | 2012 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | N/A | - |
Business Experience Requirements |
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Experience | *Total net worth requirement $75,000 *Marketing skills *Must enjoy being around kids and giving out lots of smiles! | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | *Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days | On-The-Job Training: 46 hours Classroom Training: 40 hours |
Support | *Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations | *Absentee ownership of franchises allowed *Average number of employees a franchisee would need to run a typical franchised unit 1-2 *The franchise can be run from home. | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
Much like Build-a-Bear Workshop - We make school and church fundraisers, events, fairs, weddings, and parties a truly unforgettable experience by providing a unique, hands-on art experience for folks of all ages that are as entertaining as they are educational. Our affordable sand impression art experience provides the ability for a customer to build their own treasure utilizing our mobile sandboxes. Our affordable ($10 - $40 per item average) sand impression art experience provides the ability for a customer to build their own treasure in three short steps: Step 1 - They choose a treasure form in a variety of shapes and sizes, or use their hand or footprint. Step 2 - They decorate the treasure sand impression with island bling, including shells, sea glass, rocks, or tons of other cool items. Step 3 - We pour in our special Island Mud. 15 minutes later... voila! Their project is done and ready to go! The IslandTime Treasures franchise opportunity is available in two business formats, depending on your business needs and goals. Franchise investment levels start at an affordable $15,900 and include a comprehensive startup kit that has everything you need to begin scheduling events and making money. - Mobile Unit Enjoy the freedom of a part-time home based business to make money! IslandTime Treasures owners (aka Island Guides) provide our unique product experience for birthday parties, events, fairs, school and church fundraisers, plus many other venues. Mobile unit owners receive a minimum protected territory of 200,000 in population. Mobile unit operators can also grow sales in their territory through the ownership of additional retail kiosks and cart units. - Kiosk & Cart Generate more revenue with the addition of a cart or kiosk! For resorts, camps, theme parks, zoo's, malls, and other public venues, our retail fixed kiosks or mobile carts are "customer magnets" and can provide excellent incremental income. IslandTime Treasures kiosks and carts are customized to fit your facility and can be operated part-time or year-round, depending on your requirements. Kiosk and cart locations do not receive a protected territory and are restricted to doing retail business at the installed location.
Painting With A Twist is a new concept, artistic painting as entertainment. Although the basic idea has been around for years, only recently has it has been formatted to be the basis for a successful business formula.
The Painting with a Twist advantage
If you love art, and would love to introduce people to their creative side, this is the business for you. It is fun, low investment, and simple to run. Your customers will enter into a pleasurable, innovative environment, where they will experience first hand the excitement of creating their own work of art.
All of our art is produced and copyrighted in our corporate offices. We have staff artists whose sole occupation is creating new art for our franchises. Our paintings are interesting and have stood the test of customer satisfaction.
Based in Mandeville, Louisiana, Painting with a Twist is the franchise arm of Corks N Canvas, LLC. The concept is so popular that the owners Cathy Deano and Renee Maloney opened their first Corks N Canvases in November 2007, and by March 2009 they had three company owned stores, and by July 2009 they had sold four franchises. People love it!
Cathy and Renee believe this is a recession proof business. For the cost of $35.00 or $45.00, a person can have an evening of entertainment and leave with a painting to hang on their wall or give as a gift. There is also a good chance they will leave feeling better about themselves than when they arrived.
When you own a franchise you have many significant advantages over the person who chooses to go into business on their own. As a franchise owner you are part of an already successful business "family" with a proven track record. You receive training at the corporate offices, you have access to over 1000 copyrighted works of art. You are assisted in hiring your staff and have access to all the information needed to open a store. You are given a comprehensive manual which takes you through each step in opening and operating a successful business.
We also do the demographic research for your area.
Our corporate office will send an artist and a team member from the corporate office for your opening night. The artist will conduct your first class and our staff member will see that your first night runs smoothly.
You will have access to a state of the art online computer program that will allow you to manage your own business from wherever you have internet access.
Our approved vendors give you the best products for the most economical price.
The Painting With A Twist concept gives the franchise owner a career that does not necessitate a huge capital outlay, is exciting to operate, and is a welcome addition to any community.