Restyle vs Boomerang Kids Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Restyle vs Boomerang Kids including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Restyle Franchise
Boomerang Kids Franchise
Investment $46,500 - $61,700$167,000 - $240,000
Franchise Fee $24,900$35,000
Royalty Fee $500/ month5%
Advertising Fee -1%
Year Founded 20051994
Year Franchised 20052011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Restyle Franchise
Boomerang Kids Franchise
Experience -Applicants should have net worth exceeding $250,000, including at least $75,000 in cash or liquid assets (non-retirement stocks and bonds, etc), and another $150,000 or in assets to be used as collateral to obtain appropriate financing. Proof of financial networth and assets will be required as you move forward in our franchise process. A successful Boomerang Kids franchisee requires money, hard work and patience. It isn�t for everybody. Having knowledge of children�s products is very helpful, as is a great appreciation for kids and families. If you are motivated, organized, enjoy helping people and strive for excellence in customer service and can diligently follow our system, you are a good candidate for a Boomerang Kids franchise.

Financing Options

 
Restyle Franchise
Boomerang Kids Franchise
  In-House/3rd PartyIn-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

 
Restyle Franchise
Boomerang Kids Franchise
Training * Available at headquarters

* Available at franchisee's location

Comprehensive training program using lecture-style and in-store training, including manuals for tagging and processing clothes, the computer systems, and store operations and customer service Instruction includes how to buy, consign, process and tag consignment items, sell, service, market, advertise, hire staff, buy, control and turn inventory, manage cash flow and more
Support -*Development of a comprehensive, 3-year financial business plan with monthly data *Pro-forma scenario-based planning *Financing options, preparing for loan applications *Site evaluation, market analysis, demographic review *Negotiation and "offer to lease" assistance *Store design, floor-planning and merchandising strategies *In-store set-up *Back-office set-up assistance, including consignment and point of sale computer system, guidance on banking procedures and supplier management *Initial inventory selection *Grand Opening assistance *On-site store opening assistance
Marketing -*Assistance with opening inventory and supplemental inventory thereafter *Preferred vendor management and guidance on new product sourcing *Guidance on product valuations and market conditions *Marketing and advertising resources *Updates to our website - www.boomerangkids.ca - with selected content tailored to your store location
Operations * Number of employees needed to run franchised unit: 3

* Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations.

Expansion Plans

 
Restyle Franchise
Boomerang Kids Franchise
US Expansion Yes-
Canada Expansion -Yes
International Expansion --

Company Overviews

About Restyle

NO LONGER FRANCHISING

The Restyle idea initially began back in July of 1992 when the author opened her first transfer store named Amelia's Attic. Under her operation, Amelia's Attic developed into a flourishing and fruitful relegation store in the distribution center area of Waco, TX. In the spring of 2005, the originator chose to bring the achievement experienced with Amelia's Attic and figure that for other individuals needing to possess their own relegation store.

In this manner, Restyle Was Born

Our objective and energy is to help those potential franchisees build up and keep up Restyle stores that set a standard in the relegation business. Restyle gives clients a fun, well disposed, sorted out place to shop and spare. With many new things arriving week by week and a stock that progressions day by day, clients can discover fabulous, current name brands at costs that truly are reviving.

Shippers are given a simple and advantageous approach to transform their flooding storage rooms into trade and that's constantly out style. Whether you're a sender, client, or both, we genuinely fancy that your Restyle experience is pleasant, unwinding, and satisfying.

Why Consignment?

Incredible unique selection...where else would you be able to discover such a large number of styles and marks in one place?

Stock that progressions every day!

More than 500 things transferred each week!

Profiting has never been so natural!

Name mark garments up to 75% and more off retail!

Well disposed, fun, sorted out and welcoming shopping climate.

Why Restyle?

Negligible speculation

No stock expenses

Low budgetary hazard

Fruitful in every single monetary environment

Proprietorship in a multi-billion dollar industry

Ladies cherish a deal



About Boomerang Kids

Run a well-established business with an exceptional brand. With 18 years in business, and 4 stores in Ottawa, Boomerang Kids is known for affordable and high quality children's clothing, baby gear, toys, books and dvds. Boomerang Kids is the destination for resale shopping, as well as for those new and trendy must-have accessories and toys ...be the captain of your own ship, with the flexibility you need for your family.
Boomerang Kids owners are their own boss, and can prioritize their time as they wish. Owners do work hard, but the seasonal qualities of the business allow for personal and family time ...help make our planet a better place.
 
New and nearly new baby, children's and maternity items including clothing, toys, books and equipment. 8 locations, online shopping and expanding rapidly!
The market growth of the resale industry is outpacing regular retail as more people realize we don’t need to buy everything new, and we all benefit from reusing and recycling ...help support and strengthen your community. Boomerang Kids donates children's items to local families in need. ...put money back in parent's pockets. What other business actually pays their customers?