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Updated RecentlyIKEA vs Old Hippy Fine Home Furnishings Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of IKEA vs Old Hippy Fine Home Furnishings including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | N/A | $125,000 - $175,000 |
| Franchise Fee | N/A | $25,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 1990 |
| Year Franchised | - | 1992 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | When selecting franchisees, Inter IKEA Systems B.V., among other things, evaluates the following: -experience -local market knowledge and presence (able to demonstrate ability to establish and operate IKEA stores nationally) -corporate culture and values -financial strength and ability to carry through the investment penetrating a country in full and in a large-scale retail environment format | - |
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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | Yes | Yes |
Company Overviews
About IKEA
Franchises are granted by Inter IKEA Systems B.V. as part of a detailed expansion plan. Serious applicants are carefully researched and evaluated and franchises are granted only to companies and/or individuals with strong financial backing and a proven record in retail.
When selecting franchisees, Inter IKEA Systems B.V., among other things, evaluates the following:
- experience
- local market knowledge and presence (able to demonstrate ability to establish and operate IKEA stores nationally)
- corporate culture and values
- financial strength and ability to carry through the investment penetrating a country in full and in a large-scale retail environment format
About Old Hippy Fine Home Furnishings
Old Hippy invites you to join the furniture and design industry!Old Hippy furniture is built to last, destined to become family heirlooms that can be passed down to future generations. If you love furniture and interior decorating, an Old Hippy Franchise is perfect for you. Contact us today by calling toll free: 1-888-464-9700 or by e-mailing [email protected]