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 | The Panhandler |
Business Type
FranchiseMin Liquid Capital
$60,000Total Investment
$140,000 to $180,000Number of Units
23In Business Since
1970* For Current Info See:
Franchise Disclosure Document
Overview
Are you looking for a tremendous franchise opportunity in the
constantly growing Home Décor/Giftware industry? We have immediate
locations available across Canada starting at $140,000. We offer
unprecedented support to all of our franchise owners while encouraging
them to personalize their business for their market.
Opening your own franchise business doesn't have to be complicated. We take all the pre-opening hard work out of being an entrepreneur and walk you through every step of the way.
Our parent company Franchise Bancorp (FB) owns the Liv Canada Gift Group and was founded by E.K. Loyst, a former advertising executive, in 1968. Franchise Bancorp has 35 years of success with the buying power of 117 stores and over $60 million in combined network sales. They currently own the following companies: Living Lighting, Global Pet Foods, and Liv Canada Gift Group.
The gift store division was created in 1974, with one little test store in Hamilton, Ontario called "The Panhandler Shoppe". It specialized in kitchen gadgets. Today the gift store division has grown to over 60 stores and merchandise includes kitchen accessories, as well as hundreds of unique gift ideas and several exclusive brands. "Christmas Stuffins" by Cherison, the "Laurel" Collection by Seagull Pewter and a complete line of cottons named "Loon Lake Weaver" imported by Index.
Opening your own franchise business doesn't have to be complicated. We take all the pre-opening hard work out of being an entrepreneur and walk you through every step of the way.
Our parent company Franchise Bancorp (FB) owns the Liv Canada Gift Group and was founded by E.K. Loyst, a former advertising executive, in 1968. Franchise Bancorp has 35 years of success with the buying power of 117 stores and over $60 million in combined network sales. They currently own the following companies: Living Lighting, Global Pet Foods, and Liv Canada Gift Group.
The gift store division was created in 1974, with one little test store in Hamilton, Ontario called "The Panhandler Shoppe". It specialized in kitchen gadgets. Today the gift store division has grown to over 60 stores and merchandise includes kitchen accessories, as well as hundreds of unique gift ideas and several exclusive brands. "Christmas Stuffins" by Cherison, the "Laurel" Collection by Seagull Pewter and a complete line of cottons named "Loon Lake Weaver" imported by Index.
Products & Services
The Panhandler has been Canada's kitchen
store for over 25 years and declared Canada's # 1 giftware store in
2001 by Chatelaine Magazine based on a customer satisfaction survey!
Everything for the kitchen and the entertaining areas of the home, from
gadgets to giftware. It's fun to shop at The Panhandler for stemware,
glassware, ceramics, brass, wood, and a complete selection of kitchen
cottons. Always up to date on gift ideas and always priced
competitively.
Panhandlers offer a unique atmosphere, quality people and products backed by a "satisfaction guaranteed" policy.
Panhandlers offer a unique atmosphere, quality people and products backed by a "satisfaction guaranteed" policy.
Training & Support
Getting into business is easy...being successful is tough. Front-end
training is critical to success. FB stresses training and retraining.
Qualified Head Office Personnel will guide you through the early
stages. Detailed planning goes into every phase. We will train you
right in your own store and will make sure you are confident and
professional. The training program never really stops. Our staff is
always available to assist with continuing operations. Records of
weekly sales, monthly profit/loss and open-to-buy reports are filed at
Head Office. Stores that aren't producing according to plan get a lot
of attention and help from FB executives. In addition, you will always
have a copy of the Operation Manual for reference.FB management is a team of professionals who can teach you how to operate in the competitive market place of the millennium. Customers demand wider selection, better quality, better value and better service. They want a store to stimulate them with design, colour, texture and lighting. They want staff in the store to welcome them and take a genuine interest in their needs. We will train you to give customers what they want at a fair price and you will generate incredible sales and profits.
On a regular basis, franchise owners are encouraged to attend National and Regional educational seminars designed by Head Office to keep you up to date on industry trends, new products and promotional ideas. All franchise owners, key employees and company store managers are invited to attend. Top retail consulting firms and retail specialists are featured at these seminars, which are planned to coincide with major trade shows. Workshops are conducted whenever necessary to deal with specific business problems and regulations such as GST, Free Trade etc. Getting together is also a great opportunity for networking. Being part of a chain means straight talk from colleagues. Networking helps solve problems and keeps important business information flowing.
Why The Panhandler?
Franchising is not complicated. It's simply a licensing agreement
between an investor/operator and our company that allows the use of our
Trade Name and Operational Systems. Although we don't guarantee
success, we do promise to find you the best available location, and to
provide you with the training, continuing support, and product sourcing
that will help you succeed. The final choice of location is ours, but
you are invited to make your own analysis and your comments are
appreciated. We will guide you in choosing the right investment and
assist you with financial planning and financing. Budgets and cash flow
plans are developed individually for each new location. You will know
in advance investment costs related to store construction, inventory,
working capital, etc.
The purchasing power of FB is second to none, giving our franchisees the competitive edge. Merchandise mix varies from store to store, but the best selling merchandise will be maintained in every outlet. Each franchisee is responsible for their own store purchases. It is important to look at the competition in your direct market and your customers needs before purchasing. Controlled sources of supply assure the best prices and volume discounts. Good communication systems enable us to share information quickly concerning new product trends. Franchise owners participate in the Group Buying Committee and Advisory Boards in order to keep the lines of communication open at all times. FB searches the world to bring you the best product at the best prices.
The purchasing power of FB is second to none, giving our franchisees the competitive edge. Merchandise mix varies from store to store, but the best selling merchandise will be maintained in every outlet. Each franchisee is responsible for their own store purchases. It is important to look at the competition in your direct market and your customers needs before purchasing. Controlled sources of supply assure the best prices and volume discounts. Good communication systems enable us to share information quickly concerning new product trends. Franchise owners participate in the Group Buying Committee and Advisory Boards in order to keep the lines of communication open at all times. FB searches the world to bring you the best product at the best prices.
