| ||||
Updated RecentlyPortrait Avenue vs PortraitEFX Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Portrait Avenue vs PortraitEFX including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $125,000 - $150,000 | $22,477 - $43,606 |
| Franchise Fee | N/A | $9,995 |
| Royalty Fee | - | 0 |
| Advertising Fee | - | - |
| Year Founded | 1981 | 2006 |
| Year Franchised | 2007 | 2006 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | Yes/No |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
||
| Training | - | * Available at headquarters: 1 week * At franchisee's location: upon request * Additional training available upon request On-The-Job Training: 26 hours Classroom Training: 27 hours Additional Training: Annual conference |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | - | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Portrait Avenue
NO LONGER FRANCHISING
Portrait Avenue will fill a specialty in the representation business: It will be more upscale than J.C. Penney and Kmart picture studios yet less costly than most privately claimed representation shops. The normal cost for a bundle of photographs will be $120.
Every store will include two representation studios, a conference zone, a children den and photograph preparing gear. Individuals will have the capacity to have their representation taken and prints made in 60 minutes.
The organization is as yet tweaking the expenses, however Loyle said add up to cost - establishment charge, working capital and work out for the stores - is $135,000, which is a great deal not exactly the $250,000 to $350,000 it expenses to open a Moto Photo store.
About PortraitEFX
In case you're searching for the most ideal approach to build up a flourishing photography establishment, PortraitEFX is the place to be. The computerized transformation has changed nearly everything in the photography world and with change comes huge open door. Today's new imaging innovation joined with PortraitEFX preparing, coach bolster, showcasing devices, imaginative imaging items and sound business administration frameworks gives you endless conceivable outcomes to fabricate a fun and lucrative expert photography business.