|
Below is an in-depth analysis and side-by-side comparison of IslandTime Treasures vs SportsXpress including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $11,000 - $26,350 | $15,000 - And Up |
Franchise Fee | $7,500 | $15,000 |
Royalty Fee | 10% | 10% which includes a 2% towards training fund |
Advertising Fee | 2% | - |
Year Founded | 2011 | - |
Year Franchised | 2012 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | N/A | - |
Business Experience Requirements |
||
Experience | *Total net worth requirement $75,000 *Marketing skills *Must enjoy being around kids and giving out lots of smiles! | * Passion for sports * Strong people skills * Small financial investment |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | *Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days | - |
Support | *Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations | - |
Marketing | Ad slicks | - |
Operations | *Absentee ownership of franchises allowed *Average number of employees a franchisee would need to run a typical franchised unit 1-2 *The franchise can be run from home. | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
Much like Build-a-Bear Workshop - We make school and church fundraisers, events, fairs, weddings, and parties a truly unforgettable experience by providing a unique, hands-on art experience for folks of all ages that are as entertaining as they are educational. Our affordable sand impression art experience provides the ability for a customer to build their own treasure utilizing our mobile sandboxes. Our affordable ($10 - $40 per item average) sand impression art experience provides the ability for a customer to build their own treasure in three short steps: Step 1 - They choose a treasure form in a variety of shapes and sizes, or use their hand or footprint. Step 2 - They decorate the treasure sand impression with island bling, including shells, sea glass, rocks, or tons of other cool items. Step 3 - We pour in our special Island Mud. 15 minutes later... voila! Their project is done and ready to go! The IslandTime Treasures franchise opportunity is available in two business formats, depending on your business needs and goals. Franchise investment levels start at an affordable $15,900 and include a comprehensive startup kit that has everything you need to begin scheduling events and making money. - Mobile Unit Enjoy the freedom of a part-time home based business to make money! IslandTime Treasures owners (aka Island Guides) provide our unique product experience for birthday parties, events, fairs, school and church fundraisers, plus many other venues. Mobile unit owners receive a minimum protected territory of 200,000 in population. Mobile unit operators can also grow sales in their territory through the ownership of additional retail kiosks and cart units. - Kiosk & Cart Generate more revenue with the addition of a cart or kiosk! For resorts, camps, theme parks, zoo's, malls, and other public venues, our retail fixed kiosks or mobile carts are "customer magnets" and can provide excellent incremental income. IslandTime Treasures kiosks and carts are customized to fit your facility and can be operated part-time or year-round, depending on your requirements. Kiosk and cart locations do not receive a protected territory and are restricted to doing retail business at the installed location.
SportsXpress is a grassroots, multi-media publishing platform dedicated exclusively to the community sports lifestyle! We’re all about the athletes, their teams, coaches, families, volunteers and fans. We publish real life stories and include all ages and skill levels.
Our business plan was derived from the evident lack of coverage of local organized sports. Through discussions with numerous groups and associations we also discovered those involved in local sports view it as more of a "lifestyle" - an important part of their identity. Later, we discovered the local sports scene is one of the largest lifestyle segments in any community and across the country.
In the spring of 2008 we launched a test model and have been developing the playbook ever since.
We are excited to invite you to be a part of this distinct lifestyle - one that we call a “hidden economy”, and look forward to working with you on developing your winning game plan.