Ace Hardware vs Kazoo Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ace Hardware vs Kazoo including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Ace Hardware Franchise	Kazoo Franchise
Investment	$41,000 - $2,110,230	$135,200 - $389,500
Franchise Fee	$5,000	$39,000
Royalty Fee	0	7%
Advertising Fee	-	2%
Year Founded	1924	1980
Year Franchised	1976	2011
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	Ace Hardware Franchise	Kazoo Franchise
Experience	Minimum Financial Requirements: * $250,000 Liquid Assets * $400,000 Net Worth	-
Financing Options
	Ace Hardware Franchise	Kazoo Franchise
	In-House/3rd Party	In-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
	Ace Hardware Franchise	Kazoo Franchise
Training	Training in all functional areas of operation, service and promotion: * Effective store management * Strategies and management of each revenue center * Purchasing and inventory strategies * Implementing helpful customer service * Financial management and "back-office" procedures * Hiring, training and managing employees * Effective store marketing techniques	3 days of training, which is comprised of 16 hours of classroom training and 4 hours of on the job training.
Support	Hands on, in-store training at opening - Ongoing contact from dedicated Ace support staff - In-store tools for continual improvement * In-store customer survey * Customer comment card program * Mystery shopper program A district manager will be assigned to your store to facilitate ongoing business needs and help you develop store growth plans to maximize retail sales and profits.	�The products and services authorized for sale by procedures relating to Franchise specifications. �Purchasing approved equipment furnishings, signs, supplies, and anything else you need to outfit your Kazoo & Company Store �Help develop local advertising and promotional programs �Accounting, bookkeeping, administrative, and management procedures �Establishing and conducting employee programs at the Franchise
Marketing	-	-
Operations	-	-
Expansion Plans
	Ace Hardware Franchise	Kazoo Franchise
US Expansion	-	Yes
Canada Expansion	No	-
International Expansion	No	-

Company Overviews

About Ace Hardware

What started as a little chain of stores built up by a gathering of Chicago retailers in 1924 has advanced into one of the country's driving "useful equipment" merchant possessed cooperatives. Ace has developed from a couple of Chicago-region tool shops, to incorporate more than 4,700 stores in 50 states and more than 70 nations. However one thing has stayed unaltered - Ace's dedication to conveying accommodating equipment administration to shoppers.

With the budgetary sponsorship and support from an all around trusted and privately grasped mark you can begin your own particular business that leads its industry in consumer loyalty.

Why Ace Hardware?

Fruitful people like you pick Ace Hardware for business proprietorship regularly for these 7 reasons:

New store motivations - up to $330,000*
No sovereignty expenses and a part of the organization benefits are dispersed back to the retail proprietors every year
Autonomous possession with devoted preparing and support
Adaptable item blend that can be altered to your nearby market
Suggested center Ace item blend in view of 16 years of Point-of-Sale information
Strong establishment and craze confirmation future
All around perceived and privately grasped

*Incentives fluctuate by store design/estimate and depend on Discovery prescribed items and amounts. Motivation given as an acknowledge, not as money or an advance. $330,000 depends on a prescribed request for a 10,000sq. ft. store.

The fruitful Ace Owner:

Is a diligent employee
Is energetic about awesome client benefit
Has great correspondence and deals abilities
Has a reputation for achievement
Has administration abilities

Veteran Incentives  Franchise fee waived

   

About Kazoo

Kazoo & Company Toys has been delighting its customers with toys, puzzles, and other games for over 30 years. Kazoo & Company has been recognized as a leader in the specialty toy industry and is now opening up to franchisees interested in sharing their secrets of success. Kazoo & Company Toys is an award-winning, community-oriented toy store that offers something new to kids. Their philosophy lies on educational, non-violent, toys, games and puzzles, and values itself on quality entertainment. Ever since 1980 Kazoo & Company has been helping to shape the lives of kids and parents since 1980. The Kazoo & Company Difference �Utilizing a progressive business approach and code of ethics �Offering non-violent, educational, positive toys and games �Being community-involved and recognized �Commitment to excellence in business ethics �Award-winning toys and business philosophy A Booming Industry! In the United States alone, overall revenue for toy and hobby stores topped over $16.8 billion in 2010, with 2% revenue growth for that year. This industry employs 142,343 people, with more than 22,000 established stores generating nearly $2 billion in total wages (2010). The gross product for the hobby and toy store industry is nearly $2.5 billion. This industry offers a unique opportunity for investors and Kazoo & Company Toys gives you all the tools necessary to succeed. Kazoo & Company is dedicated not only to your monetary success, but also the success of your brand. Developing customer satisfaction and retention is the foundation of continued profitability.