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| Brand | PIP Business Services Remove | The Closet Trading Co. Business Services Remove |
|---|---|---|
| Vitals | ||
Investment range | $247K – $274K | $157K – $370K |
Liquid capital | $125K – $150K | $25K – $90K |
Franchise fee | $55K | $60K |
Royalty rate | N/A | 5.0% |
Ad fund rate | 2.0% | 1.0% |
| Performance | ||
Avg gross sales | N/A | $592K |
Median gross sales | N/A | $645K |
Avg owner earnings Metric varies by brand. Check type below | N/A | $69K |
Earnings metric | Not classified | P&L Bottom Line |
| Risk | ||
Rating | CAverage | BAbove Average |
Risk score | 65 / 100 | 54 / 100 |
SBA charge-off rate | N/A | N/A |
SBA loans on record | N/A | 1 |
| Scale | ||
Total units | 50 | 8 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 4.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 260 | 74 |
| Contacts | ||
Franchisee phones | 18 | 3 |
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