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