Copper Penny vs Whimsy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Copper Penny vs Whimsy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Copper Penny Whimsy
Investment 189850 - 414900 75000 - 180000
Franchise Fee
Royalty Fee 3%-5% 6%
Advertising Fee 1% N/A
Year Founded 1987 2003
Year Franchised 2013 2008
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Copper Penny Whimsy
Experience

Financing Options
  Copper Penny Whimsy
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Copper Penny Whimsy
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. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, 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

Expansion Plans
  Copper Penny Whimsy
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
Whimsy
Franchise Fee
Copper Penny
Whimsy
Royalty Fee
Copper Penny 3%-5%
Whimsy 6%
Advertising Fee
Copper Penny 1%
Whimsy N/A
Year Founded
Copper Penny 1987
Whimsy 2003
Year Franchised
Copper Penny 2013
Whimsy 2008
Term Of Agreement
Copper Penny
Whimsy 10 years
Renewal Fee
Copper Penny
Whimsy 20% of current franchise fee


Business Experience Requirements
Experience
Copper Penny
Whimsy

Financing Options
 
Franchise Fees
Copper Penny
Whimsy
Start-up Costs
Copper Penny
Whimsy
Equipment
Copper Penny}
Whimsy
Inventory
Copper Penny
Whimsy
Receivables
Copper Penny
Whimsy
Payroll
Copper Penny
Whimsy

Training & Support
Training
Copper Penny On-The-Job Training: 40 hours Classroom Training: 40 hours
Whimsy We provide you an initial training program that covers material aspects of the operation of the franchised business. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Salt Lake City, 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
Whimsy
Marketing
Copper Penny Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing
Whimsy
Operations
Copper Penny Number of Employees Required to Run: 4
Whimsy

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
Whimsy 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
Whimsy
International Expansion
Copper Penny
Whimsy