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Below is an in-depth analysis and side-by-side comparison of IslandTime Treasures vs MAGIS Fundraising 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 | $25,000 - And Up |
Franchise Fee | $7,500 | $25,000 |
Royalty Fee | 10% | - |
Advertising Fee | 2% | - |
Year Founded | 2011 | 1989 |
Year Franchised | 2012 | 1991 |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | *Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days | - |
Support | *Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations | - |
Marketing | Ad slicks | - |
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. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | 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.
Distinctly Magis With Magis you receive an integrated, full service fundraising and board coaching system personalized for your community organization, religious institution, or school that will guide you from where you are now to where you want to be financially. Our entire Magis Results Team weighs in on setting your strategy and leads you through a customized, step-by-step plan to fulfill your short-term and long-term goals. Looking for reliable, guaranteed growth? Look no further than Magis. You raise more money, on your schedule and meet or exceed your fundraising goals each and every year. Make changes that matter. Let Magis create a pattern of success for you to follow, starting today. Why Magis? We have the experience, insight, flexibility and resources to help your organization carry out your vision. We keep you on track, build momentum, celebrate milestones and keep an eye on your future. We increase the pace of change and create measurable, verifiable results with our integrated, full service fundraising and board coaching services. We do the actual work; You deposit the checks. We build strategies that meet your goals in your time frame. We deliver practical ways for leaders to work smarter, not harder. We leverage your talents within your organization to reach your goals faster. We have the ability to get others to change their behavior for the better. We deliver an outside expert opinion from the entire Magis Results Team including our CEO, Dick Waring, Ph. D. No travel fees for consulting. We are local and work exclusively with organizations in Northwest Ohio and Southeast Michigan. 100% money back guarantee. You select a short or long-term investment. You receive long-term benefits and lasting improvements within your organization by choosing Magis.