Around Town Community Magazine vs Panache Magazine Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Around Town Community Magazine vs Panache Magazine including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Around Town Community Magazine Franchise
Panache Magazine Franchise
Investment $37,600 - $54,800$268,400
Franchise Fee $25,000$150,000
Royalty Fee 5%0
Advertising Fee --
Year Founded 19962003
Year Franchised 20032004
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee -25% of then current fran. fee


Business Experience Requirements

 
Around Town Community Magazine Franchise
Panache Magazine Franchise
Experience -
  • General business experience
  • Marketing skills

  • Financing Options

     
    Around Town Community Magazine Franchise
    Panache Magazine Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Around Town Community Magazine Franchise
    Panache Magazine Franchise
    Training --
    Support Meetings, Internet, Field operations/evaluationsNewsletter, Meetings, Internet, Field operations/evaluations
    Marketing --
    Operations Franchise can be run from home.

    100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Franchise can be run from home.

    - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Around Town Community Magazine Franchise
    Panache Magazine Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Around Town Community Magazine

    Around Town Community Magazine, Inc. ("Around Town") began franchise operations in September 2002 in Woodstock, Georgia. Around Town franchises niche community magazines, each has a goal of "strengthening communities."Around Town was founded by Gina Carr and Don Kyle. Gina has a BA from Georgia Tech in Industrial Engineering and an MBA from Harvard. Don has a BS in Accounting from Florida State University and also is a CPA. Together they started The TowneLaker magazine in June 1996 and Sixes Living magazine in June 2000. After many years of practice, they decided to franchise the niche community magazine concept through Around Town Community Magazine, Inc.

    About Panache Magazine

    The entrepreneurial culture at Panache Partners creates unique career opportunities in publishing for those special individuals who thrive in an environment where sophistication, style, ingenuity and a fast pace are the norm.

    At Panache Partners, a career means wearing the hat of a publisher and taking ownership for creating elegant coffee table books that surpass the expectations for the people we serve: our clients and, of course, our discerning readers.
    Careers at Panache are, in a word, panache!

    If you are one of those special individuals, we invite you to contact us.