Start-Up Costs and Fees |
||
| Monkee's | Foot Solutions | |
| Investment | 270981 - 464977 | 69500 - 242000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1995 | 2000 |
| Year Franchised | 2011 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Monkee's | Foot Solutions | |
| Experience | General business experience | |
Financing Options |
||
| Monkee's | Foot Solutions | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Monkee's | Foot Solutions | |
| Training | On-The-Job Training: 32 hours Classroom Training: 30 hours | Classroom and hands-on training |
| Support | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) | |
Expansion Plans |
||
| Monkee's | Foot Solutions | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Monkee's | |
| Foot Solutions | |
| Franchise Fee | |
| Monkee's | |
| Foot Solutions | |
| Royalty Fee | |
| Monkee's | 5% |
| Foot Solutions | 5% |
| Advertising Fee | |
| Monkee's | 1% |
| Foot Solutions | |
| Year Founded | |
| Monkee's | 1995 |
| Foot Solutions | 2000 |
| Year Franchised | |
| Monkee's | 2011 |
| Foot Solutions | 2000 |
| Term Of Agreement | |
| Monkee's | |
| Foot Solutions | 20 years |
| Renewal Fee | |
| Monkee's | |
| Foot Solutions | |
Business Experience Requirements |
|
| Experience | |
| Monkee's | |
| Foot Solutions | General business experience |
Financing Options |
|
| Franchise Fees | |
| Monkee's | |
| Foot Solutions | |
| Start-up Costs | |
| Monkee's | |
| Foot Solutions | |
| Equipment | |
| Monkee's} | |
| Foot Solutions | |
| Inventory | |
| Monkee's | |
| Foot Solutions | |
| Receivables | |
| Monkee's | |
| Foot Solutions | |
| Payroll | |
| Monkee's | |
| Foot Solutions | |
Training & Support |
|
| Training | |
| Monkee's | On-The-Job Training: 32 hours Classroom Training: 30 hours |
| Foot Solutions | Classroom and hands-on training |
| Support | |
| Monkee's | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Foot Solutions | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Monkee's | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Foot Solutions | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Monkee's | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Monkee's | |
| Foot Solutions | |
| Canada Expansion | |
| Monkee's | |
| Foot Solutions | |
| International Expansion | |
| Monkee's | |
| Foot Solutions | |