FAQ

What can I expect to make from my business?

Income from each Stuff Etc varies based on many variables including market size, demographics, efforts made by owners, competency, and economic factors.* We can put you in touch with owners who can discuss their revenue and income at their comfort level.

How much is the franchise fee?

The franchise fee for owning a Stuff Etc is $40,000. This is a one-time payment at the beginning of your Stuff Etc ownership journey.

How much does it cost to open a Stuff Etc?

Start up costs for a Stuff Etc is approximately $375,000. This is determined by the size of the location, leasehold improvements, terms of the lease and other factors not in our control.

How much are royalty and advertising fees?

Royalties are 4% of your gross sales and paid out weekly. The advertising fees are an ongoing 0.25%.

How do I obtain inventory to start?

We begin accepting consignment 1 to 2 months prior to your Grand Opening. Stuff Etc Corporate works with you to get merchandise priced, processed and on your sales floor.

Do you have a franchise brochure I can view?

Yes, we have a franchise brochure for your review by clicking here.

How can I apply?

You can apply to begin the process of becoming a franchise owner. Click here to submit your franchise inquiry.

How much training will I receive?

As a member of the Stuff Etc franchise family, you are entitled to wide-ranging support in areas critical to the success of your franchise. Classroom and on-the-job training include areas of administration, operations, sales, and marketing. You will also receive marketing plans and ongoing professionally produced materials.As you commence operations, a store director and two floor specialists will be there to provide assistance. A Stuff Etc manual is also provided with information about every aspect of your business.Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance.

How will I know if my market is big enough?

We can help you determine which city offers a viable market and also offer assistance on selecting an appropriate site, both of which will get your franchise off to a great start.

Will I be given help with selecting a site and building my store?

We will do whatever it takes to get you started in the right manner (even if just for general information). We provide insight in picking the perfect location for your store and work with you during the entire process of opening a Stuff Etc.

Who are the biggest competitors for Stuff Etc?

Other resellers, consignment shops and donation based stores can all be considered competitors. We can help you evaluate your competition and explore the possibilities of adding a Stuff Etc within your market before you make any commitment.

Do I get an exclusive territory with my Stuff Etc location?

If the area allows for more than one location, our franchisee is given right of refusal before opening a second location.

What is franchising?

Franchising is a method of distributing products or services. At least two levels of people are involved in a franchise system: (1) the franchisor, who lends his trademark or trade name and a business system; and (2) the franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor’s name and system. Technically, the contract binding the two parties is the “franchise,” but that term is often used to mean the actual business that the franchisee operates.
SOURCE: https://www.franchise.org/faqs-about-franchising

What should I consider before buying a franchise?

a. the type of experience required in the franchised business;
b. a complete understanding of the business;
c. the hours and personal commitment necessary to run the business;
d. who the franchisor is and the business experience of its officers and directors;
e. how other franchisees in the same system are doing;
f. how much it’s going to cost to get into the franchise;
g. how much you’re going to pay for the continuing right to operate the business;
h. the terms and conditions under the franchise relationship;
i. the financial condition of the franchisor and its system.
SOURCE: https://www.franchise.org/faqs-about-franchising

What is the Federal Trade Commission Franchise rule?

It is a federal regulation which requires franchisors to prepare an extensive disclosure document and to give a copy to any prospective franchise purchaser before he or she buys a franchise. The disclosure document typically used to comply with the Rule is called a Uniform Franchise Offering Circular, or UFOC. Within the UFOC are many different categories of information about the franchise, including some of the information described in the response to Question 9 above. Required fees, basic investment, bankruptcy and litigation history of the company, how long the franchise will be in effect, a financial statement of the franchisor, earnings claims (if the company makes them)… all are presented in this disclosure document. IFA recommends that both your attorney and your accountant review the UFOC and your franchise agreement. For further information from the FTC, or to order a free publication from the FTC entitled Consumer Guide to Buying a Franchise, call (202)326-2222.
SOURCE: https://www.franchise.org/faqs-about-franchising

Would I make a successful Franchisee?

A successful franchisee should be suited to the industry of which he or she is a part, suited to the particular franchise company, and suited to the franchise system generally. Important questions to ask yourself include: Am I suited to the industry physically and by experience, education, learning capacity, temperament and financial ability? What type of work is most appealing to me; for example, do I enjoy working with food, mechanical things, people, real estate, books and recordings, sporting goods, etc.? Am I prepared to work hard and take financial risks? Do my advisors, family, and friends think I am adaptable and trainable? How do I react to controls? Am I a loner – resenting authority and restraints, or can I accept guidance and direction happily? If I prefer to act as a passive investor in the franchise, will the company accept this? How do I personally feel about the company’s image and products and services? The right answers to these types of questions help determine your potential success as a franchisee.
SOURCE: https://www.franchise.org/faqs-about-franchising

What can a franchise do for me that I cannot do for myself?

A franchise is already a functioning business system. While entrepreneurs invest heavily in order to set up a profitable business model, a franchisee can step into an already established concept, with much less risk for failure. For example, are you aware that as many as 80% of new business start-ups fail each year? An already functioning business model will put you heads and shoulders above the novice entrepreneur who not only needs to generate profits, but also needs to develop a profitable business model. For instance, fast food businesses greatly benefit from their association with the brand name and products of the franchisor. It can take much time and be very challenging for an individual business owner to establish his business with the same brand recognition and popularity as an existing successful franchise system.
SOURCE: https://www.franchiseopportunities.com/resources/frequently-asked-franchising-questions

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