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Home > Franchises > CardSmart Retail Corp.
CardSmart Retail Corp.
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
CardSmart Retail Corporation was established in 1996 in Central Falls, Rhode Island. It was intended to be a test site for new product and merchandising ideas. They started Franchising service in 2001.They offer service specially Card and gift stores. The corporate staff has over 200 years of expertise in the retail sector, as well as in the specialty arena of cards and gifts. Their primary vendor and parent company, Paramount Cards Incorporation is the nation's 3rd largest greeting card company with 100 years of experience and innovation.
Cardsmart sells premium greeting cards at 50 percent off the retail prices available through other channels of distribution. Franchisor has 15 employees and 15 employees in franchise department. They offer customers a gift-wrap program unmatched in the industry.
They provide all the incentives needed to start your own business. Cardsmart offers a proprietary inventory management system, exclusive gift product and marketing support, an informed dealer network, and the support of a national company committed to your success. The initial franchise fee is an affordable 15,000 dollars with low royalty payments of 2.5 percent. There are some benefits of the franchise like as advanced analysis, business expertise, exclusive geographic territory, and pos technology.
The total investment for the franchise varies from 193,900 dollars to 263,600 dollars. The franchise fee is 15,000 dollars. The ongoing royalty fee is 2.5 percent. Term of agreement is of 10 years and is renewable. CardSmart Retail Corp was ranked 75 in 2005 in fastest growing franchises and 373 in 2006, 211 in 2005 in franchise 500 rank.
CardSmart Retail Corp continually updates the Cardsmart retail store concept and has undergone a decade of developing, prototyping and testing in their corporate stores. Today they believe they have the best formula for discount and value retailing.
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