Kid to Kid vs Hut no. 8 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Kid to Kid vs Hut no. 8 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Kid to Kid Franchise
Hut no. 8 Franchise
Investment $300,825 - $488,825$91,700 - $201,900
Franchise Fee $25,000$15,000
Royalty Fee 5%$360/mo.
Advertising Fee 0.5%-
Year Founded 19922007
Year Franchised 19942009
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Kid to Kid Franchise
Hut no. 8 Franchise
Experience
  • General business experience
  • Knowledge of children's products helpful, but not required
    		• -

    Financing Options
     
    Kid to Kid Franchise
    Hut no. 8 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
    Hut no. 8 Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing locationYou will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building
    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
    Hut no. 8 Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Hut no. 8

    Hut no. 8 offers the benefits of being part of a large chain without that whopping great price tag, and with some flexibility as to how you will run your own business. Goin' Postal Franchise Corporation has a proven track record of building successful franchisees with great branding, but at a fraction of the price of everyone else. How? We have franchisees start their business the way we start businesses; by starting off right with the necessary investment, but then letting the income from the business build it up further.
     
    Hut no. 8 offers
    - Full turn-key operations
    - Fantastic Branding
    - Combined chain-wide buying power
    - In-depth corporate training Industry leading technical support
    - The best marketing ROI of ANY franchise system, large or small.
     
    Thank you for your interest in joining the Hut no. 8 family! As a nationwide network of proactive, positive, and enthusiastic entrepreneurs, our franchisees are on the path to making their financial goals a reality, and we hope that you will join them and us to share in our mutual success.