Children's Orchard vs Hock Shop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Children's Orchard vs Hock Shop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Children's Orchard Franchise
Hock Shop Franchise
Investment $174,700 - $326,500$165,000
Franchise Fee $25,000$25,000 - $50,000
Royalty Fee 4%-
Advertising Fee $2K/yr-
Year Founded 19801983
Year Franchised 19851993
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $3K-


Business Experience Requirements
 
Children's Orchard Franchise
Hock Shop Franchise
Experience
  • Customer service experience
    		• -

    Financing Options
     
    Children's Orchard Franchise
    Hock Shop 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
     
    Children's Orchard Franchise
    Hock Shop Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    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)

    		-

    Expansion Plans
     
    Children's Orchard Franchise
    Hock Shop Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    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 Hock Shop

    Demand for quality used products escalates as Canadian consumers demand greater purchasing value and embrace recycling. This key marketing advantage is unaffected by the economy. Cash services through PayDay advance and cheque cashing add to the bottom line. We truly are the "garage sale with a guarantee" - the Evolution of Retail.
     

    We are pleased to announce that customers who are in the local area can now shop and pay for their items online and select the option to pick up at your local store using curb side pickup.

    You can now request an invoice be emailed to you. Simply call the store and let us know what you would like to pick up. An email link will take you to our secure website for payment. Payment can be made by credit or debit credit cards.

    We can now invoice you for loan payments, retail sales & layaways. Items can be picked up curb side, or shipped to your door - please call the store once payment is made. We will be happy to load your items into your vehicle.