|
Below is an in-depth analysis and side-by-side comparison of Newcomers Welcome Service 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 | $39,500 - $50,000 | $85,000 - $185,000 |
Franchise Fee | $25,000 | $22,000 |
Royalty Fee | $3-5/visit | 6% |
Advertising Fee | - | 2% |
Year Founded | 1960 | 1978 |
Year Franchised | 2007 | 1980 |
Term Of Agreement | - | 15 years +15 |
Term Of Agreement | - | 15 years +15 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | |
Support | - | |
Marketing | - | - |
Operations | * Franchise can be run from home * Absentee ownership of franchise is NOT 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 | - | - |
Your Community Knowledge is In Demand. Every year, over 40 million people move into new a new home or rental property in the United States. That's 40 million people who have to figure out where to buy groceries, get their hair cut, go to the dentist, etc... Meanwhile, local folks like you, who have lived in the area for some time, possess a wealth of knowledge that could take these Newcomers years to accumulate. You know which shops are the hidden gems and which community groups are worthwhile. Now you can build a business by sharing this knowledge.
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.