|
Below is an in-depth analysis and side-by-side comparison of Apex Fun Run vs iTRIPVACATIONS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $81,500 - $104,200 | $107,070 - $145,875 |
Franchise Fee | $49,500 | $30,000 |
Royalty Fee | 8% | 5% |
Advertising Fee | - | - |
Year Founded | 2011 | 2008 |
Year Franchised | 2012 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | Yes/- | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 24 hours Classroom Training: 40 hours | On-The-Job Training: 28 hours Classroom Training: 21 hours |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Proprietary Software Franchisee Intranet Platform |
Marketing | Social media Email marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | Number of Employees Required to Run: 3 | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |