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Below is an in-depth analysis and side-by-side comparison of Computer Renaissance vs Kid to Kid including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $134,000 - $205,000 | $300,825 - $488,825 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 3-5% | 5% |
Advertising Fee | - | 0.5% |
Year Founded | 1988 | 1992 |
Year Franchised | 1993 | 1994 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | 25% of franchise 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 | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing location |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - |
International franchisees required to buy multiple units/master licenses; 31% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
With constant upgrades to computers in both the hardware and software fields, you can ensure your spot in a highly the innovative computer industry by becoming part of a continuing market demand. No other computer franchise opportunity benefits more from change than here at Computer Renaissance. We are a full service computer retail store specializing in customer solutions ~ quality refurbished and new personal computer hardware, software and related accessories. Our stores also provide custom built computers, system upgrades and superior technical services to its clientele both in-store and on-site. We service both the consumer and the Small to Medium Business customer.Computer Renaissance operates its franchise system in nearly 100 retail outlets throughout the U.S. We are looking to continue growing our franchise system in North America (soon internationally) and are currently seeking qualified professionals with energy, drive and enthusiasm who are capable of using our systems and support to further their own success.Computer Renaissance has been working with entrepreneurs and professionals from various backgrounds to build strong and successful franchises. With almost two decades of experience, we can provide our independent franchises the direction that helps them achieve the goals they have for their business. If you want to be in business for yourself but not by yourself and love technology and helping people, talk to us about the opportunity we have available for you.
Shauna Sloan dragged her significant other Brent into an upscale youngsters' resale store in 1992. As a lawyer and strip mall official, Brent was shocked by the second-hand store's chic customer base. Persuaded that no administrator had completely amplified the capability of the resale idea, the Sloans set out to make a kids' resale organize, making a trip crosscountry to visit stores and converse with clients, supervisors and proprietors. Later that same year, the Sloans opened their first store in Sandy, Utah. They opened a moment store inside the year, with the principal establishment area opening in 1994.
Kid to Kid is an energizing and element establishment that is not simply retreat verification -"it is subsidence prosperous, with a model that interests to families from each level of pay.Kid to Kid has flourished throughout the most recent two decades from a family's basic thought into an energizing shopping background that consolidates the retail force of resale with a world class shopping knowledge.
Today, Kid to Kid is a compel in the retail space, with a demographic that extends past the run of the mill resale customer profile. We are keeping on achieving record highs in benefits and deals. Joining our establishment family as of now could introduce the ideal open door for you to possess your own particular business while additionally finding autonomy and soundness through a flourishing business that increases the value of your group.
Seeking new franchise units throughout the U.S.,
Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America and Western Europe