🍟 12/23/2021 – HOLIDAY EDITION
The Hustle: How Tipsy Elves Built a $125M Christmas Sweater Empire
As an avid watcher of Shark Tank, Tipsy Elves is one of my favorite companies I’ve seen from the show.
From “Getting Lit” to “Santa’s Twerkshop”, their ugly-sweater success all started with some creativity, a bit of SEO savviness, and a lawyer who realized he hated his job.
SNL: Home for the Holidays
Eddie Murphy is hilarious. The video is 3.5 minutes of light-hearted fun, guaranteed to make you laugh.
One Franchise Breakdown:
- Founded in 1984, franchising since 1996
- Based in Texas; 268 territories operating
- A seasonal service franchise that hangs holiday lights for both commercial and residential clients
Fees + Investment
- Franchise Fee: $9,900
- Royalty: 5%
- Brand Fund: 1%
- Initial Investment: $19,550 – $62,250
- The average sales information was taken from 192 Christmas Decor franchisees representing 215 franchises as of January 2020
The Wolf’s Take 🍟
For 90 days of work the numbers aren’t bad. If you’re someone who has some extra time and could use a seasonal side hobby for some decent cash (margins are supposedly 30-40%), then this low cost franchise could be a good gig!
If you’d rather take a stab at this without a franchise, check out this twitter thread from a holiday lighting professional!
Disclaimer: This Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All Content in this email is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the email constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content in this email before making any decisions based on such information or other Content.