Start-Up Costs and Fees |
||
| iDropped | SofTech Computers | |
| Investment | 60100 - 119089 | 444700 - 872300 |
| Franchise Fee | ||
| Royalty Fee | 6% | $500 per month or 6% |
| Advertising Fee | 2% | 3% |
| Year Founded | 2012 | 0 |
| Year Franchised | 2014 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| iDropped | SofTech Computers | |
| Experience | ||
Financing Options |
||
| iDropped | SofTech Computers | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| iDropped | SofTech Computers | |
| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 1 - 3 | |
Expansion Plans |
||
| iDropped | SofTech Computers | |
| 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 | 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 | |
| iDropped | |
| SofTech Computers | |
| Franchise Fee | |
| iDropped | |
| SofTech Computers | |
| Royalty Fee | |
| iDropped | 6% |
| SofTech Computers | $500 per month or 6% |
| Advertising Fee | |
| iDropped | 2% |
| SofTech Computers | 3% |
| Year Founded | |
| iDropped | 2012 |
| SofTech Computers | 0 |
| Year Franchised | |
| iDropped | 2014 |
| SofTech Computers | 0 |
| Term Of Agreement | |
| iDropped | |
| SofTech Computers | |
| Renewal Fee | |
| iDropped | |
| SofTech Computers | |
Business Experience Requirements |
|
| Experience | |
| iDropped | |
| SofTech Computers | |
Financing Options |
|
| Franchise Fees | |
| iDropped | |
| SofTech Computers | |
| Start-up Costs | |
| iDropped | |
| SofTech Computers | |
| Equipment | |
| iDropped} | |
| SofTech Computers | |
| Inventory | |
| iDropped | |
| SofTech Computers | |
| Receivables | |
| iDropped | |
| SofTech Computers | |
| Payroll | |
| iDropped | |
| SofTech Computers | |
Training & Support |
|
| Training | |
| iDropped | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| SofTech Computers | |
| Support | |
| iDropped | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
| SofTech Computers | |
| Marketing | |
| iDropped | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| SofTech Computers | |
| Operations | |
| iDropped | Number of Employees Required to Run: 1 - 3 |
| SofTech Computers | |
Expansion Plans |
|
| US Expansion | |
| iDropped | 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 |
| SofTech Computers | 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 | |
| iDropped | |
| SofTech Computers | |
| International Expansion | |
| iDropped | |
| SofTech Computers | |