Start-Up Costs and Fees |
||
| Vintage Stock | HobbyTown USA | |
| Investment | 337700 - 585400 | 199500 - 374000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 3% |
| Advertising Fee | 1%-3% | |
| Year Founded | 1980 | 1969 |
| Year Franchised | 2005 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Vintage Stock | HobbyTown USA | |
| Experience | ||
Financing Options |
||
| Vintage Stock | HobbyTown USA | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Vintage Stock | 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 |
||
| Vintage Stock | 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 | |
| Vintage Stock | |
| HobbyTown USA | |
| Franchise Fee | |
| Vintage Stock | |
| HobbyTown USA | |
| Royalty Fee | |
| Vintage Stock | 5% |
| HobbyTown USA | 3% |
| Advertising Fee | |
| Vintage Stock | |
| HobbyTown USA | 1%-3% |
| Year Founded | |
| Vintage Stock | 1980 |
| HobbyTown USA | 1969 |
| Year Franchised | |
| Vintage Stock | 2005 |
| HobbyTown USA | 1986 |
| Term Of Agreement | |
| Vintage Stock | 10 years |
| HobbyTown USA | 10 years |
| Renewal Fee | |
| Vintage Stock | $500 |
| HobbyTown USA | $2K |
Business Experience Requirements |
|
| Experience | |
| Vintage Stock | |
| HobbyTown USA | |
Financing Options |
|
| Franchise Fees | |
| Vintage Stock | No |
| HobbyTown USA | No |
| Start-up Costs | |
| Vintage Stock | |
| HobbyTown USA | |
| Equipment | |
| Vintage Stock} | |
| HobbyTown USA | |
| Inventory | |
| Vintage Stock | |
| HobbyTown USA | |
| Receivables | |
| Vintage Stock | |
| HobbyTown USA | |
| Payroll | |
| Vintage Stock | |
| HobbyTown USA | |
Training & Support |
|
| Training | |
| Vintage Stock | |
| HobbyTown USA | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | |
| Vintage Stock | |
| 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 | |
| Vintage Stock | |
| HobbyTown USA | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Operations | |
| Vintage Stock | |
| 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 | |
| Vintage Stock | |
| 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 | |
| Vintage Stock | 0 |
| HobbyTown USA | |
| International Expansion | |
| Vintage Stock | |
| HobbyTown USA | Canada, |