|
Below is an in-depth analysis and side-by-side comparison of Trunk Club vs Club Tabby including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $5,000 | $169,600 - $317,000 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 4% |
Advertising Fee | - | - |
Year Founded | - | 2007 |
Year Franchised | - | 2009 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Successful candidates will have a strong track record of experience in business development, sales, or account management and a very skilled eye for men's apparel and styling. We're looking for top performers who are independent, motivated, and excited to work in a highly-entrepreneurial environment. | *Retail operations experience/business operations experience *Commitment to deliver products and services to a high standard *Understanding that success comes as a result of discipline and hard work Deep Passion For: *Retail application, specifically in delivering products and services to girls *People in the local community/making a difference locally *Working with other store owners to build a strong national Brand Financial Capability *Working capital *Liquid net worth ($150k/store/year) |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY Trunk Club is a young and rapidly growing startup built around the idea that there's a better way for men to find awesome clothing. Trunk Club is led by a management team with a track record of success in men's apparel. We're looking to rapidly expand our team of full-time Trunk Club stylists. THE FULL-TIME STYLIST ROLE Stylists are the face of our company: They build and maintain client relationships and provide the exceptional level of service on which we pride ourselves. Our stylists are one part personal fashion outfitter and one part business development manager. They provide highly-personalized style advice and are always looking for ways to exceed their clients' expectations. They're passionate about maintaining long-term client relationships and continually generating referrals and new clientele. The licensee fee includes: representation on the website, all marketing material, on-board training, continued mentorship training, access to all the TC systems, policies and procedures, access to a home based business, access to the TC product division, marketing leads, support and the ability to sign on sub-licensees to build huge success. The best way to find out more about this opportunity is to email [email protected]
We are committed to supporting you each step of the way. From our franchisee portal to ongoing operational support, we make it possible for you to take care of your business and focusing on what makes the Club Tabby brand special, world class customer service. The franchise services that we offer include: *License to use the Club Tabby brand in your local market, and exposure at a national level as we continue to build the brand *Central Franchisee Portal Access to communicate and receive materials and support *Club Tabby Customizable business plan with Strategic Goals and Operational objectives *Site location qualification by the corporate team *Economical cost of development for build-out, including build out support *Training at the store before and during opening *On -going operational Support including Marketing and Purchasing support *Your own franchisee webpage used to promote your location *Access to the Club Tabby vendors and preferred pricing *The Club Tabby custom POS system *Access to our weekly email newsletter for communication with your customers Area Developers: We also have an Area Developer Program. Area Developers can develop Club Tabby franchises within a specific geographic territory. We work with our Area Developers to create territories that make sense and that are beneficial to the growth of the Club Tabby brand and system. Area developer's responsibilities include: *The recruitment of new franchise owners *Assistance to franchise owners in the area of site selection *Assistance to franchise owners with lease negotiation *Assistance to franchise owners with construction and opening of the retail outlet *Providing franchise owners with ongoing operational support As compensation, the Development Agent will receive a portion of all franchise fees and royalties collected from the stores in his or her territory.