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Updated RecentlyChildren's Orchard vs Silver Cross Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Orchard vs Silver Cross including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $174,700 - $326,500 | $105,100 - $137,100 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | $2K/yr | - |
| Year Founded | 1980 | 1993 |
| Year Franchised | 1985 | 1994 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | $3K | $5K |
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 | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | - | New franchise owners partake in a structured one month training program at the corporate store in Oakville Ontario. Learning from experienced and successful previous owners means you hit the ground running. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks |
| Operations |
15.6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators) |
; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 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 | No |
| International Expansion | No | Yes |
Company Overviews
About Children's Orchard
Former flight attendant Karen Lynch opened the first Children's Orchard store in 1980. Each store buys and sells used children's clothes, toys and other items, selling them for 50 to 80 percent less than retail. The first Children's Orchard franchise opened in 1985, and it now has locations across the United States.
At Children’s Orchard we believe we can be the difference in the world. By recycling and reusing current kids gear we are creating a sustainable lifestyle that you will be proud to be a part of. You can find like new children’s clothing, shoes, accessories, toys and equipment at up to 70% off mall store prices. All of items are gently loved, and actually like new. We pay you cash on the spot for your children’s gear and buy items that are in good condition and are current styles.
- Veteran Incentives $2,500 off franchise fee
About Silver Cross
Silver Cross is all about mobility products. We can help with stair lifts, porch lifts and other home medical equipment.
We're about accessibility, mobility, aging in place, living barrier-free and keeping your freedom and independence!
The home healthcare products market is valued at more than $4.3 billion, and is expected to continue to grow as the population continues aging, increases in lifespan occur, the cost of out of home health care and living options increase and more people wish to remain in their homes as they age. Silver Cross is the resource for recycled and new home health care equipment including stair lifts, patient lifts, scooters, wheelchairs, home elevators and wheelchair lifts.