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Below is an in-depth analysis and side-by-side comparison of The Gold and Silver Refinery vs Countrywide Gold Buyers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,000 | $42,500 - $76,050 |
Franchise Fee | $15,000 | $29,900 |
Royalty Fee | $10000 | 6% |
Advertising Fee | 20% from royalty fee | - |
Year Founded | 1980 | 2008 |
Year Franchised | 2008 | 2012 |
Term Of Agreement | 10 years +10 | 5 years |
Term Of Agreement | 10 years +10 | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 3 General Business Experience: 2 Specific Industry Experience: 1 Formal Education: 2 Psychological Profile: 2 Personal Interview(s): 5 | - |
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 | Product Sales Assistance | - |
Support | Site Selection Assistance. Lease Negotiation Assistance. Indirect Financial Assistance. | - |
Marketing | Regional Advertising: Based on location numbers in the area. Local Advertising: Marketing Materials: Ad Slicks, Brochures, Coupons/rebates, Direct Mailers | - |
Operations | - | Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING