Winmark vs Schooley Mitchell Franchise Comparison

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

Start-Up Costs and Fees

 
Winmark Franchise
Schooley Mitchell Franchise
Investment $100,000 - And Up$66,500 - And Up
Franchise Fee N/A$68,000
Royalty Fee -8%
Advertising Fee -2%
Year Founded 20042004
Year Franchised -2004
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Winmark Franchise
Schooley Mitchell Franchise
Experience --

Financing Options

 
Winmark Franchise
Schooley Mitchell Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Winmark Franchise
Schooley Mitchell Franchise
Training -The training provided comes in various formats. First of all, there is a 5-day initial training course held at Schooley Mitchell Corporate Office - this training can also be done remotely as well. All new Franchisees are required to take the initial training course before they begin work in a Schooley Mitchell Franchise.This training covers the operations, marketing, sales, business building and relationship building processes that are effective for Schooley Mitchell Franchisees. The course includes basic technical training and more importantly, instruction on the use of our reference manuals. It includes instruction on how to use the continuous training facilities through The Warehouse, our Intranet environment as well as two days of training using the actual software tools including live client cases. Each new Franchisee also receives an intensive first year of Business Development Mentoring and Coaching Program. This one-on-one training is comprised of tips, tools and information about Sales, Marketing, Cost Savings Analysis, Operations and The Warehouse.
Support --
Marketing --
Operations -Average number of employees: Flexible, mainly owner-operator. Franchisee may maintain a sole practitioner status or build as large as desired. Full-time opportunity.

Expansion Plans

 
Winmark Franchise
Schooley Mitchell Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion -Yes

Company Overviews

About Winmark

Online resource for FREE critical business information for small business owners, established vendor programs for business critical needs, and financing and leasing options for equipment.
For more than 30 years, Winmark has been at the forefront of the sustainability movement by guiding entrepreneurs interested in opening one of our retail resale brands: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Music Go Round® or Style Encore®. We have made resale retail our business by selecting franchise partners that believe in the model of buying and selling locally sourced, quality used products that bring value to their communities.

About Schooley Mitchell

 
Schooley Mitchell is a cost reduction franchise specializing in reducing business’ expenses across several
key areas. Our service is risk-free and completely independent; the only profits we earn come from
savings identified for our clients.
 
*Currently offering a 12 month royalty exemption for new franchisees who are introduced to us
before June 30th, 2022.*
Discounts Available: Veterans - $5,000