Start-Up Costs and Fees |
||
| Foot Solutions | Scout and Molly's Boutique | |
| Investment | 69500 - 242000 | 252300 - 301000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.5%-6% |
| Advertising Fee | 1% | |
| Year Founded | 2000 | 2002 |
| Year Franchised | 2000 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Foot Solutions | Scout and Molly's Boutique | |
| Experience | General business experience | |
Financing Options |
||
| Foot Solutions | Scout and Molly's Boutique | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Foot Solutions | Scout and Molly's Boutique | |
| Training | Classroom and hands-on training | On-The-Job Training: 24 hours Classroom Training: 24 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
||
| Foot Solutions | Scout and Molly's Boutique | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
| Franchise Fee | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
| Royalty Fee | |
| Foot Solutions | 5% |
| Scout and Molly's Boutique | 5.5%-6% |
| Advertising Fee | |
| Foot Solutions | |
| Scout and Molly's Boutique | 1% |
| Year Founded | |
| Foot Solutions | 2000 |
| Scout and Molly's Boutique | 2002 |
| Year Franchised | |
| Foot Solutions | 2000 |
| Scout and Molly's Boutique | 2014 |
| Term Of Agreement | |
| Foot Solutions | 20 years |
| Scout and Molly's Boutique | |
| Renewal Fee | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
Business Experience Requirements |
|
| Experience | |
| Foot Solutions | General business experience |
| Scout and Molly's Boutique | |
Financing Options |
|
| Franchise Fees | |
| Foot Solutions | No |
| Scout and Molly's Boutique | No |
| Start-up Costs | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
| Equipment | |
| Foot Solutions} | |
| Scout and Molly's Boutique | |
| Inventory | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
| Receivables | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
| Payroll | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
Training & Support |
|
| Training | |
| Foot Solutions | Classroom and hands-on training |
| Scout and Molly's Boutique | On-The-Job Training: 24 hours Classroom Training: 24 hours |
| Support | |
| Foot Solutions | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Scout and Molly's Boutique | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Foot Solutions | Co-op advertising, Ad slicks, National media, Regional advertising |
| Scout and Molly's Boutique | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Foot Solutions | International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Scout and Molly's Boutique | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
|
| US Expansion | |
| Foot Solutions | |
| Scout and Molly's Boutique | 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 | |
| Foot Solutions | |
| Scout and Molly's Boutique | |
| International Expansion | |
| Foot Solutions | |
| Scout and Molly's Boutique | |