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Below is an in-depth analysis and side-by-side comparison of Elephant House vs Tire Warehouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $28,000 - $44,500 | $100,000 - $342,000 |
Franchise Fee | $10,200 | $15,000 |
Royalty Fee | 0 | 3% |
Advertising Fee | - | - |
Year Founded | 1991 | 1971 |
Year Franchised | 1991 | 1989 |
Term Of Agreement | 7 years | 7 years |
Term Of Agreement | 7 years | 7 years |
Renewal Fee | - | $1.5K |
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 | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | As needed | - |
Support | Newsletter, Toll-free phone line | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | - | Ad slicks |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit
100% of current franchisees are owner/operators |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Greeting card publisher and distributor Elephant House provides greeting cards to customers worldwide. Franchisees for the company set up racks in a range of retail locations, selling cards from Elephant House's three lines on consignment.
No mention of franchising on their website