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Updated RecentlyPRstore vs Sussex Insurance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PRstore vs Sussex Insurance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $127,000 - $181,000 | $800,000 - $1,000,000 |
| Franchise Fee | $29,500 - $89,500 | $75,000 - $350,000 |
| Royalty Fee | 4.25% | 4% |
| Advertising Fee | - | 1% |
| Year Founded | 2001 | 1976 |
| Year Franchised | 2002 | 1985 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About PRstore
Our franchise fee is $89,500 for PRstore RETAIL and $29,500 for PRstore OFFICE.
RETAIL offers a retail store in an exclusive territory.
OFFICE offers an office setting in a non-exclusive territory.
About Sussex Insurance
The Sussex Insurance establishment opportunity offers our franchisee arrange remunerating potential, based on our quality, security and experience. When you are granted a Sussex Insurance establishment, you join a spearheading system that has stood out for more than 30 years! As a Sussex Insurance franchisee, you will have the individual and expert autonomy, flexibility and control that you need and merit. You will construct a productive business utilizing a demonstrated plan of action and an authoritative equation for achievement. You will secure long haul business development and effective customer connections, directing people to your establishment area and changing over guests into paying clients. The subsequent salary will empower you to fulfill the way of life you need, for yourself and your family. Regularly situated inside high-activity retail locations or inside prominent strip malls and business edifices, Sussex Insurance utilizes its sourcing of areas as a major key to our prosperity. Sussex Insurance is a regarded retail establishment operation and has solid associations with significant proprietors crosswise over Canada, which permits us to secure the best retail stores at honest esteem. By consolidating statistical surveying, field involvement and neighborhood information, we build up the ideal open doors accessible, and secure the best establishment areas. Hours of operation change, however areas are regularly open 7 days seven days from 9 a.m. to 9 p.m. Sussex Insurance is as of now tolerating applications from persuaded, entrepreneurial-disapproved of people for new establishment openings in high-development markets. Protection industry encounter, in spite of the fact that an advantage, is not required.