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Updated RecentlyShoes-n-Feet vs Copper Penny Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shoes-n-Feet vs Copper Penny including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $185,800 - $313,000 | $189,850 - $414,900 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 5% | 3%-5% |
| Advertising Fee | - | 1% |
| Year Founded | 1998 | 1987 |
| Year Franchised | 2002 | 2013 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Available at franchisee's location | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing |
| Operations |
66% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Number of Employees Required to Run: 4 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Shoes-n-Feet
The SHOES-n-FEET concept is ahead of the pack. We are
committed to offering the best-looking and most comfortable shoes and
orthotics at fair prices in a relaxing, educational environment. We have a
commitment to customer service and going the extra mile.
SHOES-n-FEET's unique combination of retail, education and service has "closed the loop" between the medical community, their patients, and retail shoe stores and is a win-win for everyone.
Company history: Five generations in the making.
Company history: Five generations in the making.
About Copper Penny
Copper Penny is always looking for key individuals interested in growing with the Copper Penny family. We offer a low-cost business model for someone with the passion and drive to proudly represent the Copper Penny name. If you are interested in discussing the possibility of franchising Copper Penny or Copper Penny Shooz, please contact us.