|
Below is an in-depth analysis and side-by-side comparison of Around Town Community Magazine vs Mini Cities including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $37,600 - $54,800 | $27,000 - $53,000 |
Franchise Fee | $25,000 | $15,000 - $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | - |
Year Founded | 1996 | 2005 |
Year Franchised | 2003 | 2007 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | 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 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
Mini Cities is having issues, perhaps meaning they are closed. Mini Cities Franchises are available in select communities. Becoming a Mini Cities franchisee is more like joining an exclusive club. We all know that local online advertising is the next boom! We have the opportunity available for the right candidates. Who is a Mini Cities franchisee? * Believes in providing a great service * Is looking for a great home based business * Does not want to invest in inventory or office space * Loves the internet and uses it to shop and buy * Works hard and is self driven * Has already been an entrepreneur * Is willing to contribute to a team * Has a marketing and advertising background * Lives or wants to live in a beautiful upscale suburb * Is outgoing and loves people * Is a sales person at heart � but knows that service is the true work of salespeople * Maybe - already tried a community website or at least wanted to! Mini Cities is a low cost franchise that can easily be operated from your home. The Mini Cities franchise is a very low overhead franchise with no inventory and no high cost leases. Mini Cities provides initial training, marketing materials, and start up marketing for each directory launched. Mini Cities also offers ongoing support for our franchisees. We stand by our franchisees with support and great technology. Does your community need a Mini Cities Franchise?