IslandTime Treasures vs FamilyIQ Franchise Comparison

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

Start-Up Costs and Fees

 
IslandTime Treasures Franchise
FamilyIQ Franchise
Investment $11,000 - $26,350$179 - $1,495
Franchise Fee $7,500$179 - $1,495
Royalty Fee 10%0
Advertising Fee 2%0
Year Founded 20112001
Year Franchised 20122001
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee N/A-


Business Experience Requirements

 
IslandTime Treasures Franchise
FamilyIQ 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
FamilyIQ Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
IslandTime Treasures Franchise
FamilyIQ Franchise
Training

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

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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

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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
FamilyIQ Franchise
US Expansion YesYes
Canada Expansion -Yes
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 FamilyIQ

FamilyIQ began twenty years ago by offering state-of-the-art family skill building tools to treatment programs and therapists who wanted to improve family relationships. Over the last 2 decades, FamilyIQ has provided its content, tools and technology available to not only the therapeutic community, but also to large employers and wellness programs who likewise are dedicated to improving families. Today, after thousands have requested it our unique and proprietary content is now available directly to the public… to you. The FamilyIQ system consists of proprietary tools and technology that empowers parents and families to make dramatic and rewarding improvements while having fun together. We get our name from our nationally acclaimed assessment known as the FamilyIQ Test. This assessment measures nine key components of family functioning and provides you with a customized step-by-step plan to learn and build skills that will strengthen your family. Some of our tools are online courses, tests, articles, activity sheets, audio lectures, seminars, workshops, and the list goes on. We like to say, "It’s the manual for raising a family that you never received!”