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Updated RecentlyIKEA vs BoxDrop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of IKEA vs BoxDrop 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 | $17,750 - $68,821 |
| Franchise Fee | N/A | $2,500 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2019 |
| Year Franchised | - | 2019 |
| 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 | - | - |
| International Expansion | 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 BoxDrop
!["BoxDrop]("https://fddexchange.com/wp-content/uploads/2020/05/BoxDrop-300x77.jpg")
BoxDrop has created a better and smarter way for you to buy mattresses
and furniture. Using our unique relationships with manufacturers and our
low-cost distribution system, we sell high-quality mattresses and
furniture at deep discounts in a way that traditional retail stores
can’t match.
The total investment necessary to begin operation of a new BoxDrop
franchised BoxDrop Store is between $30,951 to $68,821. This total
investment includes a minimum amount totaling $7,201 to $12,071 that
must be paid to the franchisor or an affiliate on before December 31,
2020 and a minimum of $9,701 to $ 12,071 that must be paid to the
franchisor or an affiliate after December 31, 2020.
The total investment necessary to begin operation of a converted BoxDrop franchised BoxDrop Store is between $17,750 - $43,250. This total investment includes a minimum amount totaling $0.00 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a converted BoxDrop franchised BoxDrop Store is between $17,750 - $43,250. This total investment includes a minimum amount totaling $0.00 that must be paid to the franchisor or an affiliate.