Start-Up Costs and Fees |
||
| HobbyTown USA | Adam & Eve Stores | |
| Investment | 199500 - 374000 | 149000 - 345000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 3% | |
| Advertising Fee | 1%-3% | |
| Year Founded | 1969 | 1970 |
| Year Franchised | 1986 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HobbyTown USA | Adam & Eve Stores | |
| Experience | ||
Financing Options |
||
| HobbyTown USA | Adam & Eve Stores | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HobbyTown USA | Adam & Eve Stores | |
| 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 |
||
| HobbyTown USA | Adam & Eve Stores | |
| 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 | |
| HobbyTown USA | |
| Adam & Eve Stores | |
| Franchise Fee | |
| HobbyTown USA | |
| Adam & Eve Stores | |
| Royalty Fee | |
| HobbyTown USA | 3% |
| Adam & Eve Stores | |
| Advertising Fee | |
| HobbyTown USA | 1%-3% |
| Adam & Eve Stores | |
| Year Founded | |
| HobbyTown USA | 1969 |
| Adam & Eve Stores | 1970 |
| Year Franchised | |
| HobbyTown USA | 1986 |
| Adam & Eve Stores | 0 |
| Term Of Agreement | |
| HobbyTown USA | 10 years |
| Adam & Eve Stores | |
| Renewal Fee | |
| HobbyTown USA | $2K |
| Adam & Eve Stores | |
Business Experience Requirements |
|
| Experience | |
| HobbyTown USA | |
| Adam & Eve Stores | |
Financing Options |
|
| Franchise Fees | |
| HobbyTown USA | No |
| Adam & Eve Stores | No |
| Start-up Costs | |
| HobbyTown USA | |
| Adam & Eve Stores | |
| Equipment | |
| HobbyTown USA} | |
| Adam & Eve Stores | |
| Inventory | |
| HobbyTown USA | |
| Adam & Eve Stores | |
| Receivables | |
| HobbyTown USA | |
| Adam & Eve Stores | |
| Payroll | |
| HobbyTown USA | |
| Adam & Eve Stores | |
Training & Support |
|
| Training | |
| HobbyTown USA | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Adam & Eve Stores | |
| Support | |
| HobbyTown USA | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Adam & Eve Stores | |
| Marketing | |
| HobbyTown USA | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Adam & Eve Stores | |
| Operations | |
| 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) |
| Adam & Eve Stores | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Adam & Eve Stores | |
| Canada Expansion | |
| HobbyTown USA | |
| Adam & Eve Stores | |
| International Expansion | |
| HobbyTown USA | Canada, |
| Adam & Eve Stores | |