Start-Up Costs and Fees |
||
| Magic Bubbles | CottageCare | |
| Investment | 79025 - 197800 | 49500 - 75500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5.50% |
| Advertising Fee | 1% | |
| Year Founded | 2007 | 1988 |
| Year Franchised | 2016 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Magic Bubbles | CottageCare | |
| Experience | ||
Financing Options |
||
| Magic Bubbles | CottageCare | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Magic Bubbles | CottageCare | |
| Training | On-The-Job Training: 1 week Classroom Training: 1 week | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations | Newsletter, Meetings, Internet, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates | |
| Operations | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Magic Bubbles | CottageCare | |
| US Expansion | Florida | 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, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Magic Bubbles | |
| CottageCare | |
| Franchise Fee | |
| Magic Bubbles | |
| CottageCare | |
| Royalty Fee | |
| Magic Bubbles | 6% |
| CottageCare | 5.50% |
| Advertising Fee | |
| Magic Bubbles | 1% |
| CottageCare | |
| Year Founded | |
| Magic Bubbles | 2007 |
| CottageCare | 1988 |
| Year Franchised | |
| Magic Bubbles | 2016 |
| CottageCare | 1989 |
| Term Of Agreement | |
| Magic Bubbles | |
| CottageCare | 10 years |
| Renewal Fee | |
| Magic Bubbles | |
| CottageCare | $3K |
Business Experience Requirements |
|
| Experience | |
| Magic Bubbles | |
| CottageCare | |
Financing Options |
|
| Franchise Fees | |
| Magic Bubbles | |
| CottageCare | |
| Start-up Costs | |
| Magic Bubbles | |
| CottageCare | |
| Equipment | |
| Magic Bubbles} | |
| CottageCare | |
| Inventory | |
| Magic Bubbles | |
| CottageCare | |
| Receivables | |
| Magic Bubbles | |
| CottageCare | |
| Payroll | |
| Magic Bubbles | |
| CottageCare | |
Training & Support |
|
| Training | |
| Magic Bubbles | On-The-Job Training: 1 week Classroom Training: 1 week |
| CottageCare | |
| Support | |
| Magic Bubbles | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
| CottageCare | Newsletter, Meetings, Internet, Field operations/evaluations |
| Marketing | |
| Magic Bubbles | Co-op Advertising Ad Templates |
| CottageCare | |
| Operations | |
| Magic Bubbles | |
| CottageCare | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Magic Bubbles | Florida |
| CottageCare | 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, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Magic Bubbles | |
| CottageCare | |
| International Expansion | |
| Magic Bubbles | |
| CottageCare | Canada, |