Hope Chest for Breast Cancer Franchising
At a Glance
Products & Services: Upscale home decor/clothing store that donates part of proceeds to charity
Number of Locations:
Total Investment: $98.6K - 155.3K
Founded: 2001
Began Franchising: 2006
Private Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $98,600 - $155,300
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $200,000
Operations
Number of employees needed to run franchised unit: 2 - 9. Absentee ownership of franchise is NOT allowed..How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 5 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks,
Other marketing support: Marketing plan