Mail Boxes Etc. vs SOHO Hero Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mail Boxes Etc. vs SOHO Hero including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Mail Boxes Etc. SOHO Hero
Investment 154950 - 293500 175000 - 190000
Franchise Fee
Royalty Fee 6% 5%
Advertising Fee 2% 2%
Year Founded 1990 1997
Year Franchised 1990 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mail Boxes Etc. SOHO Hero
Experience

Financing Options
  Mail Boxes Etc. SOHO Hero
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Mail Boxes Etc. SOHO Hero
Training 1. Corporate Office 2 Weeks 2. Center 1.5 Weeks
Support Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening: At Additional Cost Franchisee Newsletter Regional or National Meetings: At Additional Cost
Marketing
Operations Average Number of Employees: 2 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans
  Mail Boxes Etc. SOHO Hero
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 Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory 0
International Expansion Ireland, United Kingdom

Start-Up Costs and Fees Mobile
Investment
Mail Boxes Etc.
SOHO Hero
Franchise Fee
Mail Boxes Etc.
SOHO Hero
Royalty Fee
Mail Boxes Etc. 6%
SOHO Hero 5%
Advertising Fee
Mail Boxes Etc. 2%
SOHO Hero 2%
Year Founded
Mail Boxes Etc. 1990
SOHO Hero 1997
Year Franchised
Mail Boxes Etc. 1990
SOHO Hero 2000
Term Of Agreement
Mail Boxes Etc. 10 years +10
SOHO Hero
Renewal Fee
Mail Boxes Etc.
SOHO Hero


Business Experience Requirements
Experience
Mail Boxes Etc.
SOHO Hero

Financing Options
 
Franchise Fees
Mail Boxes Etc.
SOHO Hero
Start-up Costs
Mail Boxes Etc.
SOHO Hero
Equipment
Mail Boxes Etc.}
SOHO Hero
Inventory
Mail Boxes Etc.
SOHO Hero
Receivables
Mail Boxes Etc.
SOHO Hero
Payroll
Mail Boxes Etc.
SOHO Hero

Training & Support
Training
Mail Boxes Etc. 1. Corporate Office 2 Weeks 2. Center 1.5 Weeks
SOHO Hero
Support
Mail Boxes Etc. Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening: At Additional Cost Franchisee Newsletter Regional or National Meetings: At Additional Cost
SOHO Hero
Marketing
Mail Boxes Etc.
SOHO Hero
Operations
Mail Boxes Etc. Average Number of Employees: 2 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged
SOHO Hero

Expansion Plans
US Expansion
Mail Boxes Etc. 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
SOHO Hero Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee
Canada Expansion
Mail Boxes Etc. Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
SOHO Hero 0
International Expansion
Mail Boxes Etc. Ireland, United Kingdom
SOHO Hero