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Below is an in-depth analysis and side-by-side comparison of Clarion vs The Red Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $519,750 - $2,771,599 | $787,000 - $1,745,500 |
Franchise Fee | $40,000 | $30,000 |
Royalty Fee | 4.25% | - |
Advertising Fee | 3.25% | - |
Year Founded | 1963 | 2017 |
Year Franchised | 1987 | 2017 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
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 | - | - |
Canada Expansion | - | - |
International Expansion | - | - |