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Below is an in-depth analysis and side-by-side comparison of Mail Boxes Etc. vs Safe Ship including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $154,950 - $293,500 | $54,900 - $153,900 |
Franchise Fee | $29,900 | $19,900 |
Royalty Fee | 6% | $100-$300/month |
Advertising Fee | 2% | 0 |
Year Founded | 1990 | 1990 |
Year Franchised | 1990 | 2008 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
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 |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 1. Corporate Office 2 Weeks 2. Center 1.5 Weeks | Extensive 2 weeks Instore |
Support | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening: At Additional Cost Franchisee Newsletter Regional or National Meetings: At Additional Cost | - |
Marketing | - | - |
Operations | Average Number of Employees: 2 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | Yes | - |