|
Below is an in-depth analysis and side-by-side comparison of Healthy Times Newspaper vs Woody's Wood Shops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $18,500 - $29,100 | $85,000 - $185,000 |
Franchise Fee | $15,000 | $22,000 |
Royalty Fee | $500/ month | 6% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 1978 |
Year Franchised | 2007 | 1980 |
Term Of Agreement | 10 years | 15 years +15 |
Term Of Agreement | 10 years | 15 years +15 |
Renewal Fee | $2000 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | |
Support | Best Training and Support in the Industry, Be in Business for Yourself, Not by Yourself. You will have access to ongoing marketing and retail items available to operate your business. We want you to be successful, so we don't just get you started - you get continued support every step of the way! | |
Marketing | - | - |
Operations | Number of employees needed to run franchised unit: 0
Absentee ownership of franchise is allowed. | Average Number of Employees: 1 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
Founded in 2004 by Mike and Hope Bundrant, Healthy Times is a printed educational journal serving local communities in California, Florida and Hong Kong. Healthy Times also promotes health professionals online throughout the world.
WOODY'S WOOD SHOPS offer instruction and use of virtually all shop tools in a fully outfitted wood shop. After detailed instruction and testing, members have full use of shop and related facilities. Open 15 hours/day, 7 days/week. Also sell small tools and all power equipment at cost plus 5%. Members pay front-end fees plus dues.