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Below is an in-depth analysis and side-by-side comparison of Change Lingerie vs Copper Penny including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - And Up | $189,850 - $414,900 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | - | 3%-5% |
Advertising Fee | - | 1% |
Year Founded | 2006 | 1987 |
Year Franchised | 2008 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Pre-opening and ongoing | On-The-Job Training: 40 hours Classroom Training: 40 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing |
Operations | - | Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
Do you want to become a part of a strong and successful brand? Now is your chance to get your own Change store and create your own success! Change of Scandinavia A/S is an international lingerie chain, which has achieved high growth and global success since the company was founded in 1995. We are known for a wide selection of quality lingerie in many sizes, designs and price ranges - and for world class service. Our success rests on a powerful franchise concept, which has made it possible for us to open stores around the world. To maintain this success we need YOU! As a franchisee you can be independent and at the same time enjoy all the benefits of being part of a larger chain with a well known concept that is based on a tailor made retail concept with great potential. Contact us on [email protected] if you would like to know more about the possibilities to become a franchisee at Change.
Copper Penny is always looking for key individuals interested in growing with the Copper Penny family. We offer a low-cost business model for someone with the passion and drive to proudly represent the Copper Penny name. If you are interested in discussing the possibility of franchising Copper Penny or Copper Penny Shooz, please contact us.