Start-Up Costs and Fees |
||
| Copper Penny | USA Baby | |
| Investment | 189850 - 414900 | 344000 - 650000 |
| Franchise Fee | ||
| Royalty Fee | 3%-5% | 3% |
| Advertising Fee | 1% | |
| Year Founded | 1987 | 1975 |
| Year Franchised | 2013 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Copper Penny | USA Baby | |
| Experience | General business experience | |
Financing Options |
||
| Copper Penny | USA Baby | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Copper Penny | USA Baby | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing | Ad slicks, Regional advertising |
| Operations | Number of Employees Required to Run: 4 | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Copper Penny | USA Baby | |
| 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 | 0 | |
| International Expansion | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Copper Penny | |
| USA Baby | |
| Franchise Fee | |
| Copper Penny | |
| USA Baby | |
| Royalty Fee | |
| Copper Penny | 3%-5% |
| USA Baby | 3% |
| Advertising Fee | |
| Copper Penny | 1% |
| USA Baby | |
| Year Founded | |
| Copper Penny | 1987 |
| USA Baby | 1975 |
| Year Franchised | |
| Copper Penny | 2013 |
| USA Baby | 1986 |
| Term Of Agreement | |
| Copper Penny | |
| USA Baby | 10 years |
| Renewal Fee | |
| Copper Penny | |
| USA Baby | |
Business Experience Requirements |
|
| Experience | |
| Copper Penny | |
| USA Baby | General business experience |
Financing Options |
|
| Franchise Fees | |
| Copper Penny | |
| USA Baby | |
| Start-up Costs | |
| Copper Penny | |
| USA Baby | |
| Equipment | |
| Copper Penny} | |
| USA Baby | |
| Inventory | |
| Copper Penny | |
| USA Baby | |
| Receivables | |
| Copper Penny | |
| USA Baby | |
| Payroll | |
| Copper Penny | |
| USA Baby | |
Training & Support |
|
| Training | |
| Copper Penny | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| USA Baby | |
| Support | |
| Copper Penny | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| USA Baby | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Copper Penny | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing |
| USA Baby | Ad slicks, Regional advertising |
| Operations | |
| Copper Penny | Number of Employees Required to Run: 4 |
| USA Baby | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Copper Penny | 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 |
| USA Baby | |
| Canada Expansion | |
| Copper Penny | |
| USA Baby | 0 |
| International Expansion | |
| Copper Penny | |
| USA Baby | Canada, Mexico, |