IslandTime Treasures vs STEARCLEAR Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of IslandTime Treasures vs STEARCLEAR including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
IslandTime Treasures Franchise
STEARCLEAR Franchise
Investment $11,000 - $26,350$53,400 - $143,050
Franchise Fee $7,500$37,500 - $93,750
Royalty Fee 10%20%
Advertising Fee 2%-
Year Founded 2011-
Year Franchised 2012-
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee N/A-


Business Experience Requirements

 
IslandTime Treasures Franchise
STEARCLEAR Franchise
Experience

*Total net worth requirement $75,000 *Marketing skills *Must enjoy being around kids and giving out lots of smiles!

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Financing Options

 
IslandTime Treasures Franchise
STEARCLEAR Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs -/-No/No
Equipment -/-No/No
Inventory -/-No/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support

 
IslandTime Treasures Franchise
STEARCLEAR Franchise
Training

*Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days

Training: Each franchisee goes through STEARCLEAR's exclusive 3 Day Training Academy where you will learn critical skills to run your business including: Administrative: - finances, accounting, payroll, reporting, regulatory compliance, iPad Franchisee Software Service Operations/Staff Management: Health & safety, programs, protocols, services, recruitment, hiring, training, policies, scheduling Sales & Marketing: Includes customer service, community relations and public relations
Support

*Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations

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Marketing

Ad slicks

Customer service, community relations and public relations

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.

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Expansion Plans

 
IslandTime Treasures Franchise
STEARCLEAR Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About IslandTime Treasures

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.

About STEARCLEAR

STEARCLEAR has taken franchising to the next level with a "franchise in a box" approach, providing everything a franchisee needs to run their business through an advanced iPad application. STEARCLEAR is a unique designated driver service that connects customers with local drive teams through a smartphone app. For a fee, the drive teams get both the customer and their car home safely. The company is backed by a $500,000 initial round of funding and announced yesterday that it has begun selling franchises across the United States for its smartphone enabled service. The press release is below my signature line. Designated driver services are not new, in fact there are thousands of independent services offer across the country. The founders of STEARCLEAR saw an opportunity in the market to streamline this very labor intensive and inefficient business model by combining smart phone and GPS technology with their knowledge of high-volume transactional systems to create a turn-key, fully automated business opportunity. What does the STEARCLEAR Franchise iPad App do? Pretty much everything a Franchisee needs to do to run their business. With it, the franchises don't have to process credit cards, handle paying employees or doing their tax reporting; they don't have to hire HR staff to ensure compliance with U.S. employment law, or worry with insurance and liability protections. StearClear also handles vetting the drivers, handling background checks, criminal and sexual predator checks, driving record checks, and even drug tests. STEARCLEAR has taken out much of the headaches of owning a business, simplified the process and provides a unique, beneficial service that is in demand.