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Below is an in-depth analysis and side-by-side comparison of PortraitEFX vs Fotoquick including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $22,477 - $43,606 | $73,144 - $121,850 |
Franchise Fee | $9,995 | $14,900 |
Royalty Fee | 0 | 7% |
Advertising Fee | - | 2%local+1%Nat'l |
Year Founded | 2006 | - |
Year Franchised | 2006 | - |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
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 | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 | You will participate in an initial training course of 2 weeks. The initial program will focus on all aspects of the Fotoquick Franchise System and is comprised of classroom and on-the-job training. This training is in addition to the 5 days on-site opening assistance we provide you. |
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 |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | - | - |
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.