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Below is an in-depth analysis and side-by-side comparison of MotoPhoto vs whippersnappers studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $225,000 - $250,000 | $160,750 - $277,000 |
Franchise Fee | $35,000 | $45,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1981 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1.75K | - |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | We have an excellent training program to prepare you for all aspects of running a successful studio. And, don't worry, once we take the training wheels off, we'll still run beside you...ready to give you the extra support you need, even if it's just some cheers of encouragement! |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | We have a fabulous staff standing by to help you with, well, whatever. From HR to PR, and everything in between, we're here for you. Being in a technology-driven industry, we also have monthly conference calls and webinars to help you stay on top of your game. |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Luckily, our fearless leader comes from a background in strategic marketing. She'll still tell you that it's her "day job", as she can't seem to shut that part of her brain off. What does this mean to you? Simply, it means you'll always have marketing materials, strategy, and promotions at your fingertips that is one step ahead of the rest. |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
whippersnappers studio is not only a great place to capture every precious moment of childhood--it's also a great business to own! It's not often that you find a creative business opportunity coupled with a successful, proven system - throw in a fun environment and a high quality product and, well, that's the stuff dreams are made of! Want to know more? We thought you might! Because we're fun and fabulous, of course! Here are a few other reasons to consider: 1. A Winning Team. When you become part of "team whipsnap", you become part of our success story. We'll share our super-secret proven work-flow and operations that will help you be successful, too. 2. A Strong Brand. Not only is whippersnappers studio immediately recognizable, it really speaks to the quality and personality for which we are known. It's fun, it's kid-friendly, it's high quality, but most of all, it catches attention. 3. Hard-Hat Areas. Our corporate team is ready to spring into action, should you run into any snags in the construction (or build-out) process. We've done it all before, and we have sample time lines, line-item budgets, and schematics for your studio. 4. We Play Well With Others. We have developed relationships with the best vendors in the biz, and negotiated great rates with all of them. We have a tremendous buying power--which means as a boutique studio owner, you can enjoy a lower cost of sale, and therefore, competitive prices and higher margins. 5. Pure Magic. We are the only photography studio that combines the quality and experience of an ultra-high end photographer with the ease, convenience and value of a mall studio. The result? Pure magic, and constant murmurs of "I've never seen anything like this--it's fantastic!" 6. Social Responsibility. Social and environmental responsibility are central to the whippersnappers studio mission. We believe that every business owner should support the community that supports their business. So, we have built-in methods that will increase your business, and take care of your community at the same time. Everybody wins. 7. Did We Mention it's F-U-N (and Rewarding)? Imagine a franchise that is a boutique. Where your product makes people smile, laugh, and shed tears of joy every day. Where you go home at night, and your face hurts from smiling so much. Where your clients become your friends, and you greet them with hugs. Where you get to watch their families grow, and are entrusted with capturing all the precious moments along the way.... Can you picture yourself here? If so, we can't wait to meet you! Start by contacting us and we'll be in touch in two shakes of a lambs tail!