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Below is an in-depth analysis and side-by-side comparison of Pinch A Penny vs The Cell Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $289,375 - $411,200 | $20,700 - And Up |
Franchise Fee | $50,000 | $7,500 |
Royalty Fee | 6% | 5% |
Advertising Fee | 4% | 1% |
Year Founded | 1975 | 2016 |
Year Franchised | 1976 | 2016 |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 70 hours Classroom Training: 100 hours | We have multiple options for the support and training options ( depending if you're already a certified Repair professional or if you need to learn the trade |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | We have multiple options for the support and training options ( depending if you're already a certified Repair professional or if you need to learn the trade |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |