Panda Shoes
Panda Shoes
305 Marc Aurele Fortin Blvd.
Laval, PQ H7L 2A3 CANADA
800#:
Tel: (450) 622-4833 + 201
Fax: (450) 622-2939
E-Mail: [email protected]
Web Site: www.pandashoes.com
Contact: Ms. Linda Goulet, President
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
Established: 1972
First Franchise: 1974
Franchise Units: 37
Company-Owned Units: 3
Total Units: 40
Distribution:
U.S. -- 0;
Canada -- 40;
International -- 0
-North America -- Operations in 4 Provinces
-States/Provinces with Greatest Density: 30 in PQ, 5 in ON, 4 in BC
Projected New Units Over Next 12 months: 0
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 800 SF; RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100K
Total Investment: $80-125K
Average Total Investment: $102.5K
Minimum Net Worth: $NR
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 0.5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/Lease
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: NR
Size Of Corporate Staff: 8
On-Going Support: B,C,D,E,F,G,H (Click here for an explanation)
Training: 2 Weeks Toronto, ON; 2 Weeks On-Site (at Opening).
Franchisor's Specific Expansion Plans
U.S.: No
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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