Start-Up Costs and Fees |
||
| Adam & Eve Stores | HobbyTown USA | |
| Investment | 149000 - 345000 | 199500 - 374000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 3% | |
| Advertising Fee | 1%-3% | |
| Year Founded | 1970 | 1969 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Adam & Eve Stores | HobbyTown USA | |
| Experience | ||
Financing Options |
||
| Adam & Eve Stores | HobbyTown USA | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Adam & Eve Stores | HobbyTown USA | |
| Training | 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 Loyalty program/app | |
| Operations | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Adam & Eve Stores | HobbyTown USA | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| Franchise Fee | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| Royalty Fee | |
| Adam & Eve Stores | |
| HobbyTown USA | 3% |
| Advertising Fee | |
| Adam & Eve Stores | |
| HobbyTown USA | 1%-3% |
| Year Founded | |
| Adam & Eve Stores | 1970 |
| HobbyTown USA | 1969 |
| Year Franchised | |
| Adam & Eve Stores | 0 |
| HobbyTown USA | 1986 |
| Term Of Agreement | |
| Adam & Eve Stores | |
| HobbyTown USA | 10 years |
| Renewal Fee | |
| Adam & Eve Stores | |
| HobbyTown USA | $2K |
Business Experience Requirements |
|
| Experience | |
| Adam & Eve Stores | |
| HobbyTown USA | |
Financing Options |
|
| Franchise Fees | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| Start-up Costs | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| Equipment | |
| Adam & Eve Stores} | |
| HobbyTown USA | |
| Inventory | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| Receivables | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| Payroll | |
| Adam & Eve Stores | |
| HobbyTown USA | |
Training & Support |
|
| Training | |
| Adam & Eve Stores | |
| HobbyTown USA | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | |
| Adam & Eve Stores | |
| HobbyTown USA | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Adam & Eve Stores | |
| HobbyTown USA | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Operations | |
| Adam & Eve Stores | |
| HobbyTown USA | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Adam & Eve Stores | |
| HobbyTown USA | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Adam & Eve Stores | |
| HobbyTown USA | |
| International Expansion | |
| Adam & Eve Stores | |
| HobbyTown USA | Canada, |