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Below is an in-depth analysis and side-by-side comparison of Metal Supermarkets vs Protocol including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $228,500 - $437,000 | $10,200 - $22,000 |
Franchise Fee | $39,500 | $500 |
Royalty Fee | 6%-2% | 0 |
Advertising Fee | 1% | - |
Year Founded | 1985 | 1987 |
Year Franchised | 1987 | 1996 |
Term Of Agreement | 10 years | 2 years |
Term Of Agreement | 10 years | 2 years |
Renewal Fee | $7.5K | - |
Business Experience Requirements |
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Experience | The ideal candidate will possess the following: * Outgoing personality with a willingness to work hard to succeed * Ability to multitask and thrive in a fast-paced environment * Can effectively delegate and manage employees * Understands that building a business does not happen overnight * Willingness to work hard in order to achieve mid- to long-term meaningful financial rewards, versus short-term "home runs" | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 120 hours Classroom Training: 60 hours | - |
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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Protocol LLC is a leading international supplier of over-the-counter medications and other personal products … via wall-mounted vending dispensers.Plus, our turnkey Convenience Center programs provide everything you want. At NO COST TO YOU we install, administer, restock and service the dispensers - and share the revenue with you (purchase option available - you keep 100 percent of the revenue). With Protocol, you receive:
Wide variety of name-brand and generic products
Professional and discrete dispensing cabinet appearance
Heavy-duty construction for reliable performance
Accountability of the revenue
Experienced control and management support team