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Below is an in-depth analysis and side-by-side comparison of BungoBox vs BlueGrace Logistics including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $75,400 - $134,000 | $65,000 - $147,000 |
Franchise Fee | $25,000 | $47,500 |
Royalty Fee | 9% | 16-19% |
Advertising Fee | - | - |
Year Founded | 2007 | 2007 |
Year Franchised | 2010 | 2011 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | BungoBox 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 in Sales and Marketing *Minimum financial net worth of $50,000 | - |
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 | All BungoBox Franchisees are put through a comprehensive training program that covers every element involved in operating and managing the BungoBox business model successfully. The BungoBox training model is delivered through a week-long classroom training program at the corporate headquarters in Orlando, FL and then followed by an onsite training program at the new franchise location. | Available at headquarters: 5 days. |
Support | *Real Estate and Site Selection *Pre-opening *Management Training *Vendors and Equipment *Opening Support *Information Technology *Marketing and Public Relations *Operations Support *Purchasing and Distribution | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
Marketing | - | Co-op advertising, Ad slicks, National media |
Operations | - | Number of employees needed to run franchised unit: 3 - 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
BungoBox franchisees operate a green moving business that rents eco-friendly boxes to movers to make moving less costly and easier to manage.BungoBox is a Revolution, A new way of thinking - A new way to do business. The BungoBox business model has been designed and modeled for franchise investors. It is a business model that builds upon the best of all business attributes. The Customers Save Money (up to 50% from standard moving costs). The Business Model is new and UNIQUE. Lack of Competition for this Industry. National Applicability. Systems and Business Model Designed around Concept make the system Scalable.BungoBox is Green...and Green is Good. Low Initial Investment for a business that has unlimited Potential.BungoBox is in the lead position of a "wave" that will change the way people think about moving. Solid Management Team and Board of Directors. * Real Estate / Location Guidance - BungoBox corporate staff will help you find a location, negotiate a lease and build your actual location and get your business off the ground....so to speak. * Hiring and Training Your Staff - No one wants to "Bungo" alone. Eventually you will want and need to hire on additional staff for yourBungoBox franchise. We will help you in finding those people and appropriately establishing the criteria needed to build a great team for your Franchise. * Marketing your Franchise - BungoBox will implement and work directly with you to help "get the word out" that BungoBox is in town. Through a refined and tested marketing program, you will be able to appropriately establish a "footprint" for your new franchise location. * Onsite Assistance - BungoBox management and staff will come to your location and help you market and sell the BungoBox services when you first get started. The first weeks in business will be a big step for a new franchisee. We will be there with you every step of the way.
Unlimit Yourself with a BlueGrace Logistics Franchise!BlueGrace Logistics has awarded over 25 Franchise locations across the United States and is recognized as one of the industry's fastest growing companies. Each Franchisee is provided with the technology and service offerings necessary to meet the critical needs of America's businesses that need to move product. With a state-of-the-art Transportation Management System (BlueShip), and access to a reliable carrier network, our franchisees have the ability to grow exponentially! BlueGrace is consistently recognized by the nation's leading industry publications and business development magazines like INC. 500, Entrepreneur, Inbound Logistics and more. As a BlueGrace Franchisee, you will receive: State-of-the-Art training on operations, technology, sales and industry-best-practices at our corporate office in beautiful Tampa, FL A dedicated, full-time Franchise Development Team for support Access to our BlueShip Transportation Management System A dedicated pricing department for RFP opportunties The opportunity to sell Nationwide to any business that needs to move product - it's a 600 Billion dollar, highly-fragmented industry! The opportunity to leverage yourself into instantly being a 1st class Logistics Company with Superior Carrier relationships As an extension of our Brand, you will get: Ongoing advanced training Business development coaching A fully branded and developed website just for your Franchise! Marketing consulting and support from the corporate office Traditional and online marketing strategies and methods Additional brand recognition and exposure as the corporate office propels into the market place Take the initiative and call one of our Franchise Development Managers today by calling 800.MY.SHIPPING or send us an email now!