Copper Penny logo

Copper Penny

Women's clothing and footwear
Investment
$189,850
Initial Franchise Fee
$25,000
Units
13
Growth Rate
N/A

Overview

Industry
Retail
Founded
1987
Franchising Since
2013
Parent Company
Leadership
Penny Vaigneur, CEO
# of Employees at HQ
9

Units and Growth Chart

Investment Details

Initial Franchise Fee
$25,000
Initial Investment
$189,850 - $414,900
Net Worth Requirement
Cash Requirement
Royalty Fee
3-5%
Ad Royalty Fee
1%
Technology Fee
N/A
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
N/A
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
40 hours
Classroom Training
40 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
4
Are exclusive territories available?
Yes

Ranking History

Copper Penny performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022