Kid to Kid vs Cash Converters Franchise Comparison

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

Start-Up Costs and Fees
 
Kid to Kid Franchise
Cash Converters Franchise
Investment $300,825 - $488,825$160,000 - $300,000
Franchise Fee $25,000$50,000
Royalty Fee 5%-
Advertising Fee 0.5%-
Year Founded 19921995
Year Franchised 1994-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Kid to Kid Franchise
Cash Converters Franchise
Experience
  • General business experience
  • Knowledge of children's products helpful, but not required
    		• -

    Financing Options
     
    Kid to Kid Franchise
    Cash Converters 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/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Kid to Kid Franchise
    Cash Converters Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing location-
    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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations International franchisees required to buy multiple units/master licenses; 31% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Kid to Kid Franchise
    Cash Converters Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Kid to Kid

    Shauna Sloan dragged her significant other Brent into an upscale youngsters' resale store in 1992. As a lawyer and strip mall official, Brent was shocked by the second-hand store's chic customer base. Persuaded that no administrator had completely amplified the capability of the resale idea, the Sloans set out to make a kids' resale organize, making a trip crosscountry to visit stores and converse with clients, supervisors and proprietors. Later that same year, the Sloans opened their first store in Sandy, Utah. They opened a moment store inside the year, with the principal establishment area opening in 1994.

    Kid to Kid is an energizing and element establishment that is not simply retreat verification -"it is subsidence prosperous, with a model that interests to families from each level of pay.Kid to Kid has flourished throughout the most recent two decades from a family's basic thought into an energizing shopping background that consolidates the retail force of resale with a world class shopping knowledge.

    Today, Kid to Kid is a compel in the retail space, with a demographic that extends past the run of the mill resale customer profile. We are keeping on achieving record highs in benefits and deals. Joining our establishment family as of now could introduce the ideal open door for you to possess your own particular business while additionally finding autonomy and soundness through a flourishing business that increases the value of your group.

    Seeking new franchise units throughout the U.S., Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America and Western Europe    

    Veteran Incentives  $5,000 off franchise fee

    About Cash Converters

    Cash Converters is a unique and exciting international retail concept. What began in Perth Australia in 1984 is today a dynamic international franchise group with over 500 stores worldwide. Cash Converters specializes in the buying and selling of quality second-hand goods - jewelry, TVs, stereos, tools, electrical goods, etc. Bright, well-merchandised stores with trained, uniformed staff service the customers who receive cash for their goods when they sell and a 30-day warranty on products when they buy. People have been trading goods for hundreds and hundreds of years. The primal instinct to exchange one thing for something else probably pre-dates written history. It's an instinct that drives bargain hunters to garage sales and auction lovers to on-line sites.
    The desire to strike a deal, to barter or to think you have obtained something for virtually nothing is the reason Cash Converters came into existence.