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Updated RecentlyCopper Penny vs Bon Worth Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Copper Penny vs Bon Worth including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $189,850 - $414,900 | $123,690 - $190,375 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 3%-5% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1987 | 1966 |
| Year Franchised | 2013 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | On-The-Job Training: 40 hours Classroom Training: 40 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing | - |
| Operations | Number of Employees Required to Run: 4 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Copper Penny
Copper Penny is always looking for key individuals interested in growing with the Copper Penny family. We offer a low-cost business model for someone with the passion and drive to proudly represent the Copper Penny name. If you are interested in discussing the possibility of franchising Copper Penny or Copper Penny Shooz, please contact us.
About Bon Worth
Bon Worth has been a nationally recognized retailer of quality women’s fashion for over 52 years. It currently operates 115 company-owned retail stores located in 28 states.
Bon Worth was founded in 1966 by Mr. Loren Wells. It is in a niche market and enjoys an extremely loyal following in the market it caters to. It has captive customers who are extremely loyal. Based on the feedback from dozens of stores across the U.S., along with the flagship store in Hendersonville, N.C., Bon Worth has decided to begin franchising as a vehicle of new growth. We will unify the franchisees under a common operating system and name and will provide the keys to success gained through unparalleled years in the fashion world.
Bon Worth is known for its classic designs and the brand was rated the Number One Outlet Brand. The brand’s designs are exclusive.