Start-Up Costs and Fees |
||
| Play N Trade | Hut no. 8 | |
| Investment | 216600 - 329000 | 91700 - 201900 |
| Franchise Fee | ||
| Royalty Fee | 5% | $360/mo. |
| Advertising Fee | 2%local + 1%Nat'l | |
| Year Founded | 2001 | 2007 |
| Year Franchised | 2003 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Play N Trade | Hut no. 8 | |
| Experience | ||
Financing Options |
||
| Play N Trade | Hut no. 8 | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Play N Trade | Hut no. 8 | |
| Training | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. | You will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building |
| Support | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Play N Trade | Hut no. 8 | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Play N Trade | |
| Hut no. 8 | |
| Franchise Fee | |
| Play N Trade | |
| Hut no. 8 | |
| Royalty Fee | |
| Play N Trade | 5% |
| Hut no. 8 | $360/mo. |
| Advertising Fee | |
| Play N Trade | 2%local + 1%Nat'l |
| Hut no. 8 | |
| Year Founded | |
| Play N Trade | 2001 |
| Hut no. 8 | 2007 |
| Year Franchised | |
| Play N Trade | 2003 |
| Hut no. 8 | 2009 |
| Term Of Agreement | |
| Play N Trade | 10 years |
| Hut no. 8 | |
| Renewal Fee | |
| Play N Trade | |
| Hut no. 8 | |
Business Experience Requirements |
|
| Experience | |
| Play N Trade | |
| Hut no. 8 | |
Financing Options |
|
| Franchise Fees | |
| Play N Trade | Yes |
| Hut no. 8 | Yes |
| Start-up Costs | |
| Play N Trade | |
| Hut no. 8 | |
| Equipment | |
| Play N Trade} | |
| Hut no. 8 | |
| Inventory | |
| Play N Trade | |
| Hut no. 8 | |
| Receivables | |
| Play N Trade | |
| Hut no. 8 | |
| Payroll | |
| Play N Trade | |
| Hut no. 8 | |
Training & Support |
|
| Training | |
| Play N Trade | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. |
| Hut no. 8 | You will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building |
| Support | |
| Play N Trade | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. |
| Hut no. 8 | |
| Marketing | |
| Play N Trade | |
| Hut no. 8 | |
| Operations | |
| Play N Trade | |
| Hut no. 8 | |
Expansion Plans |
|
| US Expansion | |
| Play N Trade | |
| Hut no. 8 | |
| Canada Expansion | |
| Play N Trade | 0 |
| Hut no. 8 | |
| International Expansion | |
| Play N Trade | |
| Hut no. 8 | |