Start-Up Costs and Fees |
||
| Educational Outfitters | Monkee's | |
| Investment | 82600 - 198150 | 270981 - 464977 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 1% |
| Year Founded | 1998 | 1995 |
| Year Franchised | 2001 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Educational Outfitters | Monkee's | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Educational Outfitters | Monkee's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Educational Outfitters | Monkee's | |
| Training | On-The-Job Training: 32 hours Classroom Training: 30 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Educational Outfitters | Monkee's | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Educational Outfitters | |
| Monkee's | |
| Franchise Fee | |
| Educational Outfitters | |
| Monkee's | |
| Royalty Fee | |
| Educational Outfitters | 5% |
| Monkee's | 5% |
| Advertising Fee | |
| Educational Outfitters | 3% |
| Monkee's | 1% |
| Year Founded | |
| Educational Outfitters | 1998 |
| Monkee's | 1995 |
| Year Franchised | |
| Educational Outfitters | 2001 |
| Monkee's | 2011 |
| Term Of Agreement | |
| Educational Outfitters | 10 years |
| Monkee's | |
| Renewal Fee | |
| Educational Outfitters | |
| Monkee's | |
Business Experience Requirements |
|
| Experience | |
| Educational Outfitters | General business experience Marketing skills |
| Monkee's | |
Financing Options |
|
| Franchise Fees | |
| Educational Outfitters | No |
| Monkee's | No |
| Start-up Costs | |
| Educational Outfitters | |
| Monkee's | |
| Equipment | |
| Educational Outfitters} | |
| Monkee's | |
| Inventory | |
| Educational Outfitters | |
| Monkee's | |
| Receivables | |
| Educational Outfitters | |
| Monkee's | |
| Payroll | |
| Educational Outfitters | |
| Monkee's | |
Training & Support |
|
| Training | |
| Educational Outfitters | |
| Monkee's | On-The-Job Training: 32 hours Classroom Training: 30 hours |
| Support | |
| Educational Outfitters | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Monkee's | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | |
| Educational Outfitters | Co-op advertising, Ad slicks, Regional advertising |
| Monkee's | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Educational Outfitters | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Monkee's | |
Expansion Plans |
|
| US Expansion | |
| Educational Outfitters | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Monkee's | |
| Canada Expansion | |
| Educational Outfitters | |
| Monkee's | |
| International Expansion | |
| Educational Outfitters | |
| Monkee's | |