Start-Up Costs and Fees |
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| Copper Penny | KneeShorts | |
| Investment | 189850 - 414900 | 37750 - 74500 |
| Franchise Fee | ||
| Royalty Fee | 3%-5% | 1.5% - 6% |
| Advertising Fee | 1% | up to $1,000 per season |
| Year Founded | 1987 | 2000 |
| Year Franchised | 2013 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Copper Penny | KneeShorts | |
| Experience | ||
Financing Options |
||
| Copper Penny | KneeShorts | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Copper Penny | KneeShorts | |
| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | We provide you an initial training program that covers material aspects of the operation of the franchised business. This training is offered on an as needed basis at our headquarters in Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. |
| 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 | |
| Operations | Number of Employees Required to Run: 4 | Contact us for up to date information. Our business operations are covered in detail in our business OPs manual as well as our Franchise Disclosure Document provided to franchisees. |
Expansion Plans |
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| Copper Penny | KneeShorts | |
| 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 | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Copper Penny | |
| KneeShorts | |
| Franchise Fee | |
| Copper Penny | |
| KneeShorts | |
| Royalty Fee | |
| Copper Penny | 3%-5% |
| KneeShorts | 1.5% - 6% |
| Advertising Fee | |
| Copper Penny | 1% |
| KneeShorts | up to $1,000 per season |
| Year Founded | |
| Copper Penny | 1987 |
| KneeShorts | 2000 |
| Year Franchised | |
| Copper Penny | 2013 |
| KneeShorts | 2009 |
| Term Of Agreement | |
| Copper Penny | |
| KneeShorts | 10 years |
| Renewal Fee | |
| Copper Penny | |
| KneeShorts | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Copper Penny | |
| KneeShorts | |
Financing Options |
|
| Franchise Fees | |
| Copper Penny | |
| KneeShorts | |
| Start-up Costs | |
| Copper Penny | |
| KneeShorts | |
| Equipment | |
| Copper Penny} | |
| KneeShorts | |
| Inventory | |
| Copper Penny | |
| KneeShorts | |
| Receivables | |
| Copper Penny | |
| KneeShorts | |
| Payroll | |
| Copper Penny | |
| KneeShorts | |
Training & Support |
|
| Training | |
| Copper Penny | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| KneeShorts | We provide you an initial training program that covers material aspects of the operation of the franchised business. This training is offered on an as needed basis at our headquarters in Utah, or another location we designate. You must designate a manger for the franchised business and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised business. One assistant of your choosing may also attend at your option. |
| Support | |
| Copper Penny | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| KneeShorts | |
| Marketing | |
| Copper Penny | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing |
| KneeShorts | |
| Operations | |
| Copper Penny | Number of Employees Required to Run: 4 |
| KneeShorts | Contact us for up to date information. Our business operations are covered in detail in our business OPs manual as well as our Franchise Disclosure Document provided to franchisees. |
Expansion Plans |
|
| US Expansion | |
| Copper Penny | 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 |
| KneeShorts | 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 | |
| Copper Penny | |
| KneeShorts | |
| International Expansion | |
| Copper Penny | |
| KneeShorts | |