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Updated RecentlyWhimsy vs Sparket Marketing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Whimsy vs Sparket Marketing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $75,000 - $180,000 | $50,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 6% | 0 |
| Advertising Fee | N/A | 0 |
| Year Founded | 2003 | 1986 |
| Year Franchised | 2008 | 2008 |
| Term Of Agreement | 10 years | Life time |
| Term Of Agreement | 10 years | Life time |
| Renewal Fee | 20% of current franchise fee | None |
Business Experience Requirements |
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| Experience | - | * Familiarity with the local market. * Experience in the relevant industry (ideal, but not always essential). * Proven financial resources. The master franchisee must have the wherewithal (either alone or with other investors) to buy the franchise rights, set up prototypes and systems, and develop the franchise business in the agreed territory. * Proven management skills. For the most part, the master franchisee will be functioning in exactly the same way as the franchise does in its �home territory� (native country). |
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 | We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. | You and your team will be provided an intensive training in all functions of the business locally by us apart from regular periodical visits by our senior team on the field to ensure business is generated and you are established in your territory and your team must aim for local leadership. |
| Support | - | The Company will generate and support you with web enquiries and discuss regularly depending upon the sales performance and a host of market conditions. Company will assist in all support on artwork, designs, brochures and catalogues. Local leads will be provided from our existing large customer base so that you can secure good business. We will give you our existing customers from your territory. |
| Marketing | - | Done centrally by us and you need to service the clients. |
| Operations | - | Ideally owner should be involved in learning and running it. Can start small and grow it over a period of time as confidence increases and money is earned which can be reinvested to scale it up. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Whimsy
There are two establishment openings with Whimsy:
Block and Cement ~ Open up your own particular area and we'll give the foundation to you to flourish. Marking, mailing records, stock and years of experience give all that you have to succeed.
Eccentricity on Wheels ~ Take Park City's best boutique out and about. The Whimsy trailer is anything but difficult to take wherever the general population are social event. Exploit the group at jubilees and occasions with less venture than a customer facing facade.
Whimsy Clothing has 5 Locations and represents considerable authority in FUN, AFFORDABLE shopping. We have extraordinary skirts, dresses, adornments, shoes, pants and nuts and bolts to offer a total shopping knowledge. We have in vogue and contemporary dress to fit both the working lady and additionally the housewife or the understudy on a financial plan. We comprehend that all ladies want to look great and can rest easy. Having a store that spotlights on holding costs down and looks sharp and current is imperative to Whimsy. We realize that ladies need to feel great in what they purchase and also liking the cost. Eccentricity backings and conveys numerous neighborhood specialists and originators and it consistently finding new sellers to keep our stock new and new. Come see what everybody is discussing!!
Average cost of inventory to open $45,000.00
Hardware cost for racks/cash wrap $10,000
At this point we are opening for under $85,000 and can have a store turn-key within 4weeks
About Sparket Marketing
Master Franchises - Master Franchise Opportunities We are the Indian manufacturers and exporters of promotional corporate gifts and customized odd items. Due to demand from our regular customers we wish to appoint Master Franchisees in all Countries. We are already doing business all over the world. For better customer experience through human feel and touch and to build a stronger brand equity we are stretching ourselves through our franchisee partners. You may need to appoint resident representative to provide personal touch to customers as business grows over time. Ideally you should act as Master Franchisee in your Country and help others set up franchisees in their respective Cities and Towns for better coverage of the territory. Depending on your Country these decisions will be taken. We need initial partners who can help us design and fine tune the best proposal to make it truly WIN-WIN and entry is strictly only for THE BEST AND COMPLETE TEAM MEMBERS. We have been continuously learning and practicing life time relationships with our employees and that success now gives us more confidence to extend the same to our partners and their teams too. � Available Master Franchises in all Countries outside INDIA across the world. Your territory is exclusive to you for lifetime and can be passed on to future generations. Master franchising can be a very nice business opportunity, creating quite a decent income. However, it is important to find the best match for your skills and interests so that you have the highest chance for success. Interested to know more then please email us at [email protected]