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Below is an in-depth analysis and side-by-side comparison of ColorChef vs Woody's Wood Shops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $121,250 - $162,500 | $85,000 - $185,000 |
Franchise Fee | N/A | $22,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 1980 | 1978 |
Year Franchised | 2005 | 1980 |
Term Of Agreement | - | 15 years +15 |
Term Of Agreement | - | 15 years +15 |
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 | - | Average Number of Employees: 1 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
No longer franchising
WOODY'S WOOD SHOPS offer instruction and use of virtually all shop tools in a fully outfitted wood shop. After detailed instruction and testing, members have full use of shop and related facilities. Open 15 hours/day, 7 days/week. Also sell small tools and all power equipment at cost plus 5%. Members pay front-end fees plus dues.