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Below is an in-depth analysis and side-by-side comparison of Copper Penny vs Del Sol including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $189,850 - $414,900 | $150,000 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 3%-5% | - |
Advertising Fee | 1% | - |
Year Founded | 1987 | 1994 |
Year Franchised | 2013 | 1998 |
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 | On-The-Job Training: 40 hours Classroom Training: 40 hours | At Headquarters At Licensee's Location Manual By Video Online By Phone |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Newsletter Advertising/Marketing Technical Support Phone Support |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing | - |
Operations | Number of Employees Required to Run: 4 | Business can be run part-time. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.
Invest in a profitable business venture that's hard work and tons of fun, too. Del Sol is one of the fastest growing tourist-based businesses in the United States, Caribbean, Mexico and Canada, and it continues to be the number-one clothing retailer in the Caribbean. As a store owner, you share in all the growth and excitement of Del Sol and its bright future ahead! You will own and run your own business, while still reaping the support of an entire corporation and proven retail programs that will help you to be successful. At Del Sol, profits soar in sunlight!