Start-Up Costs and Fees |
||
| Truly Nolen | Border Magic | |
| Investment | 3600 - 300500 | 104330 - 129335 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | $395/mo - $495/mo |
| Advertising Fee | included | |
| Year Founded | 1938 | 1987 |
| Year Franchised | 1996 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Truly Nolen | Border Magic | |
| Experience | General business experience Marketing skills Industry experience is preferred | |
Financing Options |
||
| Truly Nolen | Border Magic | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Truly Nolen | Border Magic | |
| Training | At specific training centers | On-The-Job Training: 25 hours Classroom Training: 15 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development |
| Operations | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators) |
Expansion Plans |
||
| Truly Nolen | Border Magic | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Truly Nolen | |
| Border Magic | |
| Franchise Fee | |
| Truly Nolen | |
| Border Magic | |
| Royalty Fee | |
| Truly Nolen | 7% |
| Border Magic | $395/mo - $495/mo |
| Advertising Fee | |
| Truly Nolen | |
| Border Magic | included |
| Year Founded | |
| Truly Nolen | 1938 |
| Border Magic | 1987 |
| Year Franchised | |
| Truly Nolen | 1996 |
| Border Magic | 2003 |
| Term Of Agreement | |
| Truly Nolen | 5 years |
| Border Magic | |
| Renewal Fee | |
| Truly Nolen | |
| Border Magic | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Truly Nolen | General business experience Marketing skills Industry experience is preferred |
| Border Magic | |
Financing Options |
|
| Franchise Fees | |
| Truly Nolen | No |
| Border Magic | No |
| Start-up Costs | |
| Truly Nolen | |
| Border Magic | |
| Equipment | |
| Truly Nolen} | |
| Border Magic | |
| Inventory | |
| Truly Nolen | |
| Border Magic | |
| Receivables | |
| Truly Nolen | |
| Border Magic | |
| Payroll | |
| Truly Nolen | |
| Border Magic | |
Training & Support |
|
| Training | |
| Truly Nolen | At specific training centers |
| Border Magic | On-The-Job Training: 25 hours Classroom Training: 15 hours |
| Support | |
| Truly Nolen | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Border Magic | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations |
| Marketing | |
| Truly Nolen | Co-op advertising, Ad slicks, National media, Regional advertising |
| Border Magic | Ad Templates National Media Regional Advertising Social media SEO Website development |
| Operations | |
| Truly Nolen | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Border Magic | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Truly Nolen | 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 |
| Border Magic | |
| Canada Expansion | |
| Truly Nolen | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Border Magic | 0 |
| International Expansion | |
| Truly Nolen | |
| Border Magic | |