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Below is an in-depth analysis and side-by-side comparison of KneeShorts vs Club Tabby including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $37,750 - $74,500 | $169,600 - $317,000 |
Franchise Fee | $5,000 - $20,000 | $25,000 |
Royalty Fee | 1.5% - 6% | 4% |
Advertising Fee | up to $1,000 per season | - |
Year Founded | 2000 | 2007 |
Year Franchised | 2009 | 2009 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 20% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | *Retail operations experience/business operations experience *Commitment to deliver products and services to a high standard *Understanding that success comes as a result of discipline and hard work Deep Passion For: *Retail application, specifically in delivering products and services to girls *People in the local community/making a difference locally *Working with other store owners to build a strong national Brand Financial Capability *Working capital *Liquid net worth ($150k/store/year) |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | We provide you an initial training program that covers material aspects of the operation of the franchised business. This training is offered on an as needed basis at our headquarters in Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. | - |
Support | - | - |
Marketing | - | - |
Operations | Contact us for up to date information. Our business operations are covered in detail in our business OPs manual as well as our Franchise Disclosure Document provided to franchisees. | Number of employees needed to run franchised unit: 4. 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 | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Since 2001, KneeShorts has been a standout amid the most conspicuous attire brands remaining for unobtrusiveness. Our product offering incorporates knee-length men's and ladies' shorts, layering shirts, swimwear and the sky is the limit from there. KneeShorts as of now has a huge number of clients in each of the 50 states and in numerous nations around the globe. KneeShorts was named to the prestigious "Utah 100" quickest developing organizations for both 2005 and 2006. KneeShorts' best season is late spring/early summer, when numerous different retailers stock improper styles. We have built up an establishment display utilizing shopping center stands/trucks that permits franchisees to work amid these most beneficial months with costs lower than conventional year-round retail outlets. For some who think about acquiring as an establishment, owning your own particular business is frequently another, entrepreneurial experience. KneeShorts could be appropriate for you regardless of your experience. We are searching for establishment administrators who comprehend the value of a set up brand and need to furnish items reliable with their clients' qualities. KneeShorts trusts that effective organizations (even those offering clothing) can be based on rule. The rule to which we are committed is unobtrusiveness. We guarantee not to offer low hip-huggers, tiny inseams, high openings, or other shameless cuts of dress. Clients belittle KneeShorts' and demonstrate to standard retailers that they don't have to convey improper apparel to be effective! Since 2001 KneeShorts has been a standout amid the most unmistakable clothing brands remaining for humility. Our product offering incorporates knee-length men's and ladies' shorts, layering shirts, swimwear and that's just the beginning. KneeShorts as of now has a huge number of clients in each of the 50 states and in numerous nations around the globe. KneeShorts was named to the prestigious "Utah 100" quickest developing organizations for both 2005 and 2006.
We are committed to supporting you each step of the way. From our franchisee portal to ongoing operational support, we make it possible for you to take care of your business and focusing on what makes the Club Tabby brand special, world class customer service. The franchise services that we offer include: *License to use the Club Tabby brand in your local market, and exposure at a national level as we continue to build the brand *Central Franchisee Portal Access to communicate and receive materials and support *Club Tabby Customizable business plan with Strategic Goals and Operational objectives *Site location qualification by the corporate team *Economical cost of development for build-out, including build out support *Training at the store before and during opening *On -going operational Support including Marketing and Purchasing support *Your own franchisee webpage used to promote your location *Access to the Club Tabby vendors and preferred pricing *The Club Tabby custom POS system *Access to our weekly email newsletter for communication with your customers Area Developers: We also have an Area Developer Program. Area Developers can develop Club Tabby franchises within a specific geographic territory. We work with our Area Developers to create territories that make sense and that are beneficial to the growth of the Club Tabby brand and system. Area developer's responsibilities include: *The recruitment of new franchise owners *Assistance to franchise owners in the area of site selection *Assistance to franchise owners with lease negotiation *Assistance to franchise owners with construction and opening of the retail outlet *Providing franchise owners with ongoing operational support As compensation, the Development Agent will receive a portion of all franchise fees and royalties collected from the stores in his or her territory.