|
Below is an in-depth analysis and side-by-side comparison of Club Tabby vs Change Lingerie including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $169,600 - $317,000 | $100,000 - And Up |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 2007 | 2006 |
Year Franchised | 2009 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | *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 | - | Pre-opening and ongoing |
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 | - | Yes |
International Expansion | - | Yes |
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.
Do you want to become a part of a strong and successful brand? Now is your chance to get your own Change store and create your own success! Change of Scandinavia A/S is an international lingerie chain, which has achieved high growth and global success since the company was founded in 1995. We are known for a wide selection of quality lingerie in many sizes, designs and price ranges - and for world class service. Our success rests on a powerful franchise concept, which has made it possible for us to open stores around the world. To maintain this success we need YOU! As a franchisee you can be independent and at the same time enjoy all the benefits of being part of a larger chain with a well known concept that is based on a tailor made retail concept with great potential. Contact us on [email protected] if you would like to know more about the possibilities to become a franchisee at Change.