Start-Up Costs and Fees |
||
| HobbyTown USA | Remote Control Hobbies | |
| Investment | 199500 - 374000 | 98500 - 250000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 2.50% |
| Advertising Fee | 1%-3% | |
| Year Founded | 1969 | 2003 |
| Year Franchised | 1986 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HobbyTown USA | Remote Control Hobbies | |
| Experience | ||
Financing Options |
||
| HobbyTown USA | Remote Control Hobbies | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HobbyTown USA | Remote Control Hobbies | |
| 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 | Remote Control Hobbies | |
| 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, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HobbyTown USA | |
| Remote Control Hobbies | |
| Franchise Fee | |
| HobbyTown USA | |
| Remote Control Hobbies | |
| Royalty Fee | |
| HobbyTown USA | 3% |
| Remote Control Hobbies | 2.50% |
| Advertising Fee | |
| HobbyTown USA | 1%-3% |
| Remote Control Hobbies | |
| Year Founded | |
| HobbyTown USA | 1969 |
| Remote Control Hobbies | 2003 |
| Year Franchised | |
| HobbyTown USA | 1986 |
| Remote Control Hobbies | 2004 |
| Term Of Agreement | |
| HobbyTown USA | 10 years |
| Remote Control Hobbies | 10 years |
| Renewal Fee | |
| HobbyTown USA | $2K |
| Remote Control Hobbies | |
Business Experience Requirements |
|
| Experience | |
| HobbyTown USA | |
| Remote Control Hobbies | |
Financing Options |
|
| Franchise Fees | |
| HobbyTown USA | No |
| Remote Control Hobbies | No |
| Start-up Costs | |
| HobbyTown USA | |
| Remote Control Hobbies | |
| Equipment | |
| HobbyTown USA} | |
| Remote Control Hobbies | |
| Inventory | |
| HobbyTown USA | |
| Remote Control Hobbies | |
| Receivables | |
| HobbyTown USA | |
| Remote Control Hobbies | |
| Payroll | |
| HobbyTown USA | |
| Remote Control Hobbies | |
Training & Support |
|
| Training | |
| HobbyTown USA | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Remote Control Hobbies | |
| 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 |
| Remote Control Hobbies | |
| Marketing | |
| HobbyTown USA | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Remote Control Hobbies | |
| 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) |
| Remote Control Hobbies | |
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 |
| Remote Control Hobbies | |
| Canada Expansion | |
| HobbyTown USA | |
| Remote Control Hobbies | 0 |
| International Expansion | |
| HobbyTown USA | Canada, |
| Remote Control Hobbies | |