Hometown Threads vs MODE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hometown Threads vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hometown Threads Franchise
MODE Franchise
Investment $165,000$171,000 - And Up
Franchise Fee $29,000$30,000
Royalty Fee 6%6%
Advertising Fee -1%
Year Founded 19982007
Year Franchised 20012011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Hometown Threads Franchise
MODE Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Hometown Threads Franchise
    MODE Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Hometown Threads Franchise
    MODE Franchise
    Training -

    Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

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

    		-

    Expansion Plans
     
    Hometown Threads Franchise
    MODE Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Hometown Threads

    Hometown Threads Stores are your personal embroidery, design studio where you can create personalized and unique apparel or home decor customized with a favorite image, name, date or monogram. Our large variety of merchandise and huge selection of embroidery designs make it easy for you to find just the right gift for family and friends. If you do not see what you need, we can special order any item you have in mind or bring us an item from home to embellish. Commemorate life's special occasions like anniversaries, birthdays, births, and weddings with a personalize gift from your local Hometown Threads. Perhaps you have your own fashion statement in mind? Make your idea a reality at one of our stores with an original flair that sets you apart from the rest. Embroidery has a universal appeal and the applications are unlimited. At Hometown Threads, small business owners can create uniforms and apparel revealing their logo for corporate identity and marketing purposes. Schools use our embroidery services to personalize items like letterman jackets, sports equipment bags, knapsacks, cheerleading outfits and uniforms. Community special events such as fishing tournaments, team sports competitions, trade shows and conventions can always use embroidered merchandise for souvenirs or promotional incentives. Hometown Threads is your embroidery headquarters. With only the finest, quality merchandise, quick turnaround time and great selection, your purchase is always bound to be a big hit. 

     The Opportunity 

    With the combined knowledge of the top embroiderers in the country, high-tech equipment and computer software, we have created the ultimate in embroidery shop franchises. After years of testing the concept in high-traffic, retail store chains like Wal-Mart, we have proven results and are willing to pass this on to you, as a franchisee. Our solid business packages include an operational and marketing system that has years of success behind it. United with the best equipment, software, business tools, comprehensive training and ongoing support, we offer a great investment in a business that is fun to own and operate. We have taken the guesswork out of running your own business and are looking for entrepreneurs to join our fast growing team. If you are interested in owning a successful business, Hometown Threads is something you should definitely look into.

    About MODE

    MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.