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Below is an in-depth analysis and side-by-side comparison of Del Sol vs Monkee's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 | $270,981 - $464,977 |
Franchise Fee | N/A | $50,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 1994 | 1995 |
Year Franchised | 1998 | 2011 |
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 | At Headquarters At Licensee's Location Manual By Video Online By Phone | On-The-Job Training: 32 hours Classroom Training: 30 hours |
Support | Newsletter Advertising/Marketing Technical Support Phone Support | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | Business can be run part-time. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Invest in a profitable business venture that's hard work and tons of fun, too. Del Sol is one of the fastest growing tourist-based businesses in the United States, Caribbean, Mexico and Canada, and it continues to be the number-one clothing retailer in the Caribbean. As a store owner, you share in all the growth and excitement of Del Sol and its bright future ahead! You will own and run your own business, while still reaping the support of an entire corporation and proven retail programs that will help you to be successful. At Del Sol, profits soar in sunlight!
An upscale, girlie, always in style boutique where the owner desired to give her customers the ultimate shopping experience - and even know them by name!
It did not take long for the word to spread, and soon Monkee’s of Wilmington was a destination! A second store was opened only a short time later in Winston-Salem, North Carolina by Brenda Maready, the co-owner of Monkee’s Franchising, LLC. The Monkee’s brand has become synonymous with personalized customer service and cutting edge designer fashion. Instead of shopping at big department stores, customers travel to Monkee’s for an intimate shopping experience. At Monkee’s, it has never been just about the sale; it’s about helping a friend walk out feeling beautiful and looking her best.