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Updated RecentlyShoebox New York vs FLIPS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shoebox New York vs FLIPS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $500,000 - $1,225,000 | $155,050 - $191,550 |
| Franchise Fee | $39,900 | $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 2% local 0.5% Nat'l |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | 10 years +5+5 |
| Term Of Agreement | - | 10 years +5+5 |
| 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 | NexCen U provides state-of-the-art training for franchisees. Courses are drawn from the expertise of our best-in-class management team and proven knowledge of franchise systems. With a mix of traditional classroom, workshop and seminar presentations, NexCen U uses highly interactive and advanced instructional techniques including video and online demonstrations. | - |
| Support | * Turn-key store design. * Marketing support tied to a calendar of events and ongoing key brand building initiatives. * In-depth training in the areas of Operations including P&L Management, cost of goods and labor controls. * Periodic visits from field representatives to consult on operations and marketing to help increase profitable revenues. * Ongoing tips for team training to ensure customer satisfaction and long term customer loyalty, including suggestive selling techniques for new products. * The opportunity to network with experienced peers who enjoy sharing knowledge to benefit fellow owners and the organization. * Unparalleled franchisee training and support through the state-of-the-art NexCen University. * Ongoing access to our expertise and materials in the areas of: Business Development and Administration, Site Selection and Store Leasing, Construction, Purchasing, Training, Store Operations, Promotions, Marketing, Research and Development. * Vendor Relations Management: Our long standing relationships with many footwear vendors will offer you countless brands from top European and American designers, including the BCBGMaxAzria, Vince Camuto, Arturo Chiang, Bill Blass as well as private label products and many others which are offered to our franchisees by our partner, The Camuto Group. | FLIPS is committed to providing fabulous start-up and ongoing franchise support to every franchise owner. The FLIPS concept is designed to be easy to learn and operate. The systems are in place to help anyone step in and run a flip flop franchise efficiently and effectively. This franchise support for owners includes: Guidance on site selection, the build-out, design, and launch of your flip flop franchise A comprehensive training program held at our corporate support center Specialized inventory and merchandising support A copy of our confidential operations manual Professional marketing and advertising guidance Technology tools including website, social media accounts, security cameras in stores Best of all, there's a lot of expertise to share from the founding team. Together, we bring more than 90 years of management experience with leading national retailers, specializing in fashion merchandising, store operations, sales and marketing, and executing business start-ups. We are thrilled and ready to provide the training and franchise support our owners need. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Shoebox New York
The partnership of NexCen Brands and the Camuto Group provides an unprecedented opportunity for franchisees. It brings together a global brand management company that owns and operates the world's largest retail footwear franchise system with a leading footwear sourcing and design company that has experience in creating world-renowned brands. Leveraging NexCen's global network, operating support systems and expertise will enable Shoebox to be the world's leading luxury multi-brand footwear retailer. As the first multi-brand luxury footwear franchise, Shoebox is uniquely positioned for expansion. Immediate plans include expanding to major US cities: * New York * Miami * Los Angeles * Chicago * Dallas In addition, we will expand into target international markets such as: * Asia * Europe * Canada * Australia * UAE Shoebox anticipates having in excess of 500 stores worldwide. With a 50 year heritage of retailing women's luxury footwear and accessories, Shoebox is now uniquely positioned for expansion. In 2007, NexCen Brands Inc. partnered with Camuto Group. This relationship blends NexCen's industry-leading brand management and franchise expertise with Camuto Group's vast footwear knowledge and capabilities, offering franchisees an unprecedented opportunity.