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Below is an in-depth analysis and side-by-side comparison of Zelen Shoes 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 | $100,000 | $155,050 - $191,550 |
Franchise Fee | $6,500 | $35,000 |
Royalty Fee | 2.5% | 5% |
Advertising Fee | $100/mo | 2% local 0.5% Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 8 years | 10 years +5+5 |
Term Of Agreement | 8 years | 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 | 2 week training program in Vancouver, BC | - |
Support | A store opening personel to assist in the opening (for a maximum of 2 weeks) | 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 | POS system, business cards, bags, grand opening flyers. Right to use the Trademarks | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Some of our benefits include: * Distributor pricing, the amount of volume we already do with our brands is sufficient enough for us to get a huge discount on any regular wholesale items, this discounted price will be passed on to you * 15 days to pay for any merchandise sold to your store * Great staff with lots of experience to help you out when you need it * Internet advertising like there is no tomorrow; we dedicate a team of great staff members to make sure the world knows where you are. This includes facebook, google, yahoo, and bing. * Guarantee; if you are unable to operate your store, we will take over the store (at the consent of the franchisee and landlord)