Scout and Molly's Boutique vs Copper Penny Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Scout and Molly's Boutique vs Copper Penny including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Scout and Molly's Boutique Franchise
Copper Penny Franchise
Investment $252,300 - $301,000$189,850 - $414,900
Franchise Fee $50,000$25,000
Royalty Fee 5.5%-6%3%-5%
Advertising Fee 1%1%
Year Founded 20021987
Year Franchised 20142013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Scout and Molly's Boutique Franchise
Copper Penny Franchise
Experience --

Financing Options

 
Scout and Molly's Boutique Franchise
Copper Penny Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/Yes-/-

Training & Support

 
Scout and Molly's Boutique Franchise
Copper Penny Franchise
Training On-The-Job Training: 24 hours Classroom Training: 24 hours On-The-Job Training: 40 hours Classroom Training: 40 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing Ad Templates Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 4

Number of Employees Required to Run: 4

Expansion Plans

 
Scout and Molly's Boutique Franchise
Copper Penny Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Scout and Molly's Boutique

Lisa Kornstein Kaufman credits her drive and nerve for bringing the dreams of owning a business to fruition. Like many, Lisa was initially hesitant and thought becoming an entrepreneur was unattainable due to the overwhelming amount of research and time it takes to start a business from the ground up.Yet she followed her project with a purpose and in 2002 opened her first Scout & Molly’s Boutique.
Lisa and her concept were welcomed by women who not only raved about the boutique’s ambiance, service, and merchandise, but who also inquired about how they could open their own Scout & Molly’s Boutique location.Scout & Molly’s Boutique wants this to become a reality for more entrepreneurs by providing their franchisees with a proven system complete with support for inventory and purchasing control, training in technology and general retail operations, plus real estate and marketing assistance. Scout & Molly’s Boutique is a niche within the retail industry and is poised to be a national leader in the retail boutique industry, giving you the opportunity to own a fun, enjoyable and highly lucrative franchise!
Now you can say your personal closet is 1,200 square feet!

Veteran Incentives  $1,000 off franchise fee

About Copper Penny

Copper Penny is always looking for key individuals interested in growing with the Copper Penny family. We offer a low-cost business model for someone with the passion and drive to proudly represent the Copper Penny name. If you are interested in discussing the possibility of franchising Copper Penny or Copper Penny Shooz, please contact us.