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Updated RecentlySilver Cross vs Play N Trade Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Silver Cross vs Play N Trade including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $105,100 - $137,100 | $216,600 - $329,000 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 2%local + 1%Nat'l |
| Year Founded | 1993 | 2001 |
| Year Franchised | 1994 | 2003 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $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/No | Yes/No |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
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. | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. |
| Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. |
| Marketing | Ad slicks | - |
| Operations |
; 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 | Yes | No |
Company Overviews
About Silver Cross
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.
About Play N Trade
Play N Trade is a complete solution that meets an important need in our society; ecology and economy. In a society where everything is changing at a breakneck speed, Play N Trade gives a second life to your electronic devices, video games and more. As an investment into Play n Trade we know that an important part of our brand and for today’s consumer the experience is more important than ever before. That is why we are continuously improving our store look, technology platforms, services and product mix.
If you are committed to developing a company that offers a unique shopping experience in the world of entertainment, you’ve found what you’re looking for!
Play N Trade is the most comprehensive solution on the market. It offers a diversified source of income such as rent, sale, trade in electronics and video games, a games room, inter-store transfers, online sales and repair for consoles and portable electronics. Our concept is evolving. The arrival of digital distribution is expected and fits perfectly with our concept of trade-in Entertainment.