SNAP Newspaper Group vs SportsXpress Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SNAP Newspaper Group vs SportsXpress including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
SNAP Newspaper Group Franchise
SportsXpress Franchise
Investment $69,500 - $89,500$15,000 - And Up
Franchise Fee $29,500 - $49,500$15,000
Royalty Fee -10% which includes a 2% towards training fund
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
SNAP Newspaper Group Franchise
SportsXpress Franchise
Experience Applicants must demonstrate a strong desire to own and operate their own successful business. SNAP looks for high potential franchise owners who are committed to the business and to making it a success, as well as those with the experience or confidence to relate well to community members and advertisers within. The need for hard work in the operation of a profitable franchise cannot be over-emphasized.* Passion for sports * Strong people skills * Small financial investment

Financing Options

 
SNAP Newspaper Group Franchise
SportsXpress Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
SNAP Newspaper Group Franchise
SportsXpress Franchise
Training New Franchisees receive training for themselves and their key people for two (2) full Weeks including both practical and on-the-job instruction. Training will be provided at a SNAP location for 5 days and an additional 5 days at the Franchisees office or territory.-
Support --
Marketing --
Operations --

Expansion Plans

 
SNAP Newspaper Group Franchise
SportsXpress Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About SNAP Newspaper Group

Almost everyone is aware of the tremendous boom in franchising that has occurred in the world during the last twenty years. But, why has it been so successful, and how does it work? Most understand it as a means for independent entrepreneurs to go into business for themselves in order to distribute various goods or services. There is no definition that holds true in all cases. However, in general terms, franchising is a method of distribution or marketing in which a company (the "Franchisor") grants by contract to an individual, or other company (the "Franchisee") the right to carry on a business in a prescribed way, in a particular location or area, for a specified period. The Franchisee is licensed to sell a product or service to the public. In return, the Franchisor receives a royalty for support and expertise given under a common name. The strong and growing popularity of franchising around the world has resulted from the built-in advantages that franchises enjoy over the newly started independent business. Some of these advantages are: * A recognizable brand name * Professional assistance in demographic studies and market analysis, financial planning, employee training, start-up and ongoing support * Head office support and assistance in such areas as marketing and sales, research, accounting systems, etc. * Full publication design and output Indeed, statistics show that while an independently owned and operated business stands a seventy to eighty percent chance of failure in the first two years, a newly opened franchise business has over an eighty percent chance of success during the same period. You owe it to yourself to thoroughly investigate any business opportunity that comes along. We will be more than happy to spend whatever time is required to review all the facts regarding franchising in general and a SNAP Franchise opportunity in particular.

About SportsXpress

SportsXpress is a grassroots, multi-media publishing platform dedicated exclusively to the community sports lifestyle! We’re all about the athletes, their teams, coaches, families, volunteers and fans. We publish real life stories and include all ages and skill levels.

Our business plan was derived from the evident lack of coverage of local organized sports. Through discussions with numerous groups and associations we also discovered those involved in local sports view it as more of a "lifestyle" - an important part of their identity. Later, we discovered the local sports scene is one of the largest lifestyle segments in any community and across the country.

In the spring of 2008 we launched a test model and have been developing the playbook ever since.

We are excited to invite you to be a part of this distinct lifestyle - one that we call a “hidden economy”, and look forward to working with you on developing your winning game plan.