Itex Corporation vs Thriveworks Franchise Comparison

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

Start-Up Costs and Fees
 
Itex Corporation Franchise
Thriveworks Franchise
Investment $15,000 - $30,000$16,700 - $79,282
Franchise Fee $10,000$10,000 - $20,000
Royalty Fee -3%
Advertising Fee -1%
Year Founded -2008
Year Franchised -2013
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Itex Corporation Franchise
Thriveworks Franchise
Experience --

Financing Options
 
Itex Corporation Franchise
Thriveworks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Itex Corporation Franchise
Thriveworks Franchise
Training -On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing --
Operations --

Expansion Plans
 
Itex Corporation Franchise
Thriveworks Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Itex Corporation

ITEX has worked the last 30 years building North America's leading retail trade and barter exchange. With over 20,000 business members across the U.S. and Canada, ITEX makes barter easy and profitable for both our member businesses and our franchisees. Franchisees get an intensive week of training on barter and the ITEX system and continuing support as they grow their business and achieve their goals. ITEX franchisees work with businesses to help them increase sales, reduce cash expenses and build cash profits.

About Thriveworks

A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:

A Thriveworks practice could be the right investment for your career and future.  Are you ready?

The Initial Franchise Fee is $10,000 to convert an existing practice into a Thriveworks center (“Conversion Model”) or $20,000 for a new startup center (“Standard Model”) with exclusive rights to operate in a specific area as defined by the franchisor. Additional franchises will be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise ranges from $16,700 to $31,800 for a Conversion Model and from $36,100 to $79,282 for a Standard Model which will depend on a number of factors that are fully discussed in Item 7. This includes the Initial Franchise Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model (as discussed in Item 5) that must be paid to Thriveworks Franchising LLC or an affiliate.