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Updated RecentlyRenaissance Fine Consignment vs Hut no. 8 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Renaissance Fine Consignment vs Hut no. 8 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $86,175 - $227,000 | $91,700 - $201,900 |
| Franchise Fee | $30,000 | $15,000 |
| Royalty Fee | 4% | $360/mo. |
| Advertising Fee | - | - |
| Year Founded | 1997 | 2007 |
| Year Franchised | 2010 | 2009 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000 | - |
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 | - | You will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building |
| Support | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Renaissance Fine Consignment
Renaissance is using a business model based on over 13 years of operational experience in the high-end consignment field. With the Renaissance Fine Consignment franchise you can build a very successful business using our expertise and knowledge in this industry.Renaissance Fine Consignment is an industry innovator for retail consignment. The Renaissance Fine Consignment business model combines the best of all worlds, an exciting
and fun retail business model, no need to worry about expensive inventory and high investment costs, Renaissance has designed the PERFECT retail business model. By using the specific
consigning process and pricing strategies, as a Renaissance Fine Consignment team member,
you will not need to invest in inventory and expensive trends...the consigners help you manage
what will sell and what you should carry.
To be every shopper's favorite place to buy high end clothing and retail items and provide a
truly enlightening shopping experience, Renaissance Fine Consignment chooses only the best people to be Renaissance Fine Consignment franchisees. Our franchise partners are
committed to delivering the highest quality products to customers in the most exciting retail
environment possible. Renaissance is setting a new standard of customer experience and
expectations for the Consignment Industry. From the quality of the items we offer customers
to the care that our staff provides customers who visit the locations, our Renaissance Fine Consignment franchise partners will proudly strive to deliver a great customer experience in
every location across America, every time.
The Renaissance Fine Consignment corporate team is dedicated to ensuring the success of the Renaissance Fine Consignment franchisees so Renaissance Fine Consignment can become
every shopper's favorite place to visit. The Renaissance Fine Consignment corporate team has a variety of backgrounds, including operations, real estate, marketing, public relations, human
resources, purchasing and information technology. The Renaissance Fine Consignment team
specializes in helping Renaissance Fine Consignment franchisees during pre-opening, grand
opening and provides on-going support.
Renaissance Fine Consignment succeeds if our franchisees succeed, and we are committed
to your success! The Renaissance Fine Consignment franchise team will provide you with the systems, resources and support you need to operate your business successfully.
About Hut no. 8
Hut no. 8 offers the benefits of being part of a large chain without that whopping great price tag, and with some flexibility as to how you will run your own business. Goin' Postal Franchise Corporation has a proven track record of building successful franchisees with great branding, but at a fraction of the price of everyone else. How? We have franchisees start their business the way we start businesses; by starting off right with the necessary investment, but then letting the income from the business build it up further.
Hut no. 8 offers
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Full turn-key operations
- Fantastic Branding
- Combined chain-wide buying power
- In-depth corporate training
Industry leading technical support
- The best marketing ROI of ANY franchise system, large or small.
Thank you for your interest in joining the Hut no. 8 family! As a nationwide network of proactive, positive, and enthusiastic entrepreneurs, our franchisees are on the path to making their financial goals a reality, and we hope that you will join them and us to share in our mutual success.