Silver 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

 
Silver Cross Franchise
Play N Trade Franchise
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 19932001
Year Franchised 19942003
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $5K-


Business Experience Requirements

 
Silver Cross Franchise
Play N Trade Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Silver Cross Franchise
    Play N Trade Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Silver Cross Franchise
    Play N Trade Franchise
    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 cooperativesYou 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

     
    Silver Cross Franchise
    Play N Trade Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    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.

    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.