SOHO Hero vs Mail Boxes Etc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SOHO Hero vs Mail Boxes Etc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  SOHO Hero Mail Boxes Etc.
Investment 175000 - 190000 154950 - 293500
Franchise Fee
Royalty Fee 5% 6%
Advertising Fee 2% 2%
Year Founded 1997 1990
Year Franchised 2000 1990
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  SOHO Hero Mail Boxes Etc.
Experience

Financing Options
  SOHO Hero Mail Boxes Etc.
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  SOHO Hero Mail Boxes Etc.
Training 1. Corporate Office 2 Weeks 2. Center 1.5 Weeks
Support Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening: At Additional Cost Franchisee Newsletter Regional or National Meetings: At Additional Cost
Marketing
Operations Average Number of Employees: 2 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
  SOHO Hero Mail Boxes Etc.
US Expansion Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Ireland, United Kingdom

Start-Up Costs and Fees Mobile
Investment
SOHO Hero
Mail Boxes Etc.
Franchise Fee
SOHO Hero
Mail Boxes Etc.
Royalty Fee
SOHO Hero 5%
Mail Boxes Etc. 6%
Advertising Fee
SOHO Hero 2%
Mail Boxes Etc. 2%
Year Founded
SOHO Hero 1997
Mail Boxes Etc. 1990
Year Franchised
SOHO Hero 2000
Mail Boxes Etc. 1990
Term Of Agreement
SOHO Hero
Mail Boxes Etc. 10 years +10
Renewal Fee
SOHO Hero
Mail Boxes Etc.


Business Experience Requirements
Experience
SOHO Hero
Mail Boxes Etc.

Financing Options
 
Franchise Fees
SOHO Hero
Mail Boxes Etc.
Start-up Costs
SOHO Hero
Mail Boxes Etc.
Equipment
SOHO Hero}
Mail Boxes Etc.
Inventory
SOHO Hero
Mail Boxes Etc.
Receivables
SOHO Hero
Mail Boxes Etc.
Payroll
SOHO Hero
Mail Boxes Etc.

Training & Support
Training
SOHO Hero
Mail Boxes Etc. 1. Corporate Office 2 Weeks 2. Center 1.5 Weeks
Support
SOHO Hero
Mail Boxes Etc. Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening: At Additional Cost Franchisee Newsletter Regional or National Meetings: At Additional Cost
Marketing
SOHO Hero
Mail Boxes Etc.
Operations
SOHO Hero
Mail Boxes Etc. Average Number of Employees: 2 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
US Expansion
SOHO Hero Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee
Mail Boxes Etc. 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
SOHO Hero 0
Mail Boxes Etc. Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
SOHO Hero
Mail Boxes Etc. Ireland, United Kingdom