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Below is an in-depth analysis and side-by-side comparison of Hope Chest for Breast Cancer vs Fitness Machine Technicians including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,600 - $155,300 | $71,450 - $118,490 |
| Franchise Fee | N/A | $40,000 - $45,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2002 | 2002 |
| Year Franchised | 2006 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training |
| Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | - | Ad Templates Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Hope Chest for Breast Cancer provides Emergency Assistance Grants to
support local breast cancer patients and their families. Our business
model combines the power of a foundation and revenue-generating Resale
Shop. Hope Chest for Breast Cancer combines donations, grants, event revenues and
store proceeds to provide a solid revenue stream for its mission. Hope Chest for Breast Cancer is open seven days per week and sells merchandise at a fraction of the cost because all of the items - from
evening wear to end tables - are donated from individuals or corporations.