|
Below is an in-depth analysis and side-by-side comparison of International News vs Planet RYO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $120,000 - And Up | $98,225 - $208,000 |
Franchise Fee | N/A | $15,000 - $30,000 |
Royalty Fee | Flat rate of $500-$600 per month. | 6% |
Advertising Fee | - | 1% Nat'l +3% Local |
Year Founded | 1994 | 1993 |
Year Franchised | 0 | 1993 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Founded in 1993 by Mark and Frances Tucci, Planet RYO (formerly Custom Blends) quickly rose to the cutting edge of the tobacco industry by being one of the first companies to provide an extensive line of premium roll-your-own tobaccos. Over that time we have established a one-of-a-kind, modern smoke shop experience with a full range of products for everyone from the hobbyist smoker, cigar aficionado or the cigarette smoker who chooses to enjoy premium quality tobaccos while saving money. We have also been responsible retailers, requiring everyone who enters our stores to be of legal age and never trying to attract new smokers, but catering to current smokers who are more discriminating. Our motto has always been:
If you don’t smoke, don’t start. If you do smoke, smoke smart.