Business Description

Children's shoe specialist - locations in major malls across Canada - 40 stores. Complete training program, including selling, merchandising, administration, etc. National advertising. Best selection of footwear for kids.

Franchisor Background

Year Established:  1972

Franchising Since:  1974

Operating Units:
Franchised Units:	37	92.5%
Company-Owned Units:	3	7.5%
Total Operating Units:	40	100.0%
Geographic Distribution: U.S.: 0 0% In 0 States Canada: 40 100% In 4 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 40 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Quebec	30
2. Ontario	5
3. British Columbia	4

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$100K
Total Investment:	$80-125K
Average Total Investment:	$102K
Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	0.5%

Average Number of Employees: 3 Full-time, 2 Part-time

Space Needs (in square footage): 800

Preferred Sites: Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	N/A
General Business Experience:	N/A
Specific Industry Experience:	N/A
Formal Education:	N/A
Psychological Profile:	N/A
Personal Interview(s):	N/A
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	Lease Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	8
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
1. Toronto, ON	2 Weeks
2. On-Site (at Opening)	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 0 U.S.: No Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Panda Shoes.