Start-Up Costs and Fees |
||
| Remote Control Hobbies | HobbyTown USA | |
| Investment | 98500 - 250000 | 199500 - 374000 |
| Franchise Fee | 0 | |
| Royalty Fee | 2.50% | 3% |
| Advertising Fee | 1%-3% | |
| Year Founded | 2003 | 1969 |
| Year Franchised | 2004 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Remote Control Hobbies | HobbyTown USA | |
| Experience | ||
Financing Options |
||
| Remote Control Hobbies | HobbyTown USA | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Remote Control Hobbies | HobbyTown USA | |
| 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 |
||
| Remote Control Hobbies | HobbyTown USA | |
| 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 | |
| Remote Control Hobbies | |
| HobbyTown USA | |
| Franchise Fee | |
| Remote Control Hobbies | |
| HobbyTown USA | |
| Royalty Fee | |
| Remote Control Hobbies | 2.50% |
| HobbyTown USA | 3% |
| Advertising Fee | |
| Remote Control Hobbies | |
| HobbyTown USA | 1%-3% |
| Year Founded | |
| Remote Control Hobbies | 2003 |
| HobbyTown USA | 1969 |
| Year Franchised | |
| Remote Control Hobbies | 2004 |
| HobbyTown USA | 1986 |
| Term Of Agreement | |
| Remote Control Hobbies | 10 years |
| HobbyTown USA | 10 years |
| Renewal Fee | |
| Remote Control Hobbies | |
| HobbyTown USA | $2K |
Business Experience Requirements |
|
| Experience | |
| Remote Control Hobbies | |
| HobbyTown USA | |
Financing Options |
|
| Franchise Fees | |
| Remote Control Hobbies | Yes |
| HobbyTown USA | Yes |
| Start-up Costs | |
| Remote Control Hobbies | |
| HobbyTown USA | |
| Equipment | |
| Remote Control Hobbies} | |
| HobbyTown USA | |
| Inventory | |
| Remote Control Hobbies | |
| HobbyTown USA | |
| Receivables | |
| Remote Control Hobbies | |
| HobbyTown USA | |
| Payroll | |
| Remote Control Hobbies | |
| HobbyTown USA | |
Training & Support |
|
| Training | |
| Remote Control Hobbies | |
| HobbyTown USA | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | |
| Remote Control Hobbies | |
| HobbyTown USA | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Remote Control Hobbies | |
| HobbyTown USA | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Operations | |
| Remote Control Hobbies | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Remote Control Hobbies | |
| 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 |
| Canada Expansion | |
| Remote Control Hobbies | 0 |
| HobbyTown USA | |
| International Expansion | |
| Remote Control Hobbies | |
| HobbyTown USA | Canada, |