Start-Up Costs and Fees |
||
| DriveNStyle | Alloy Wheel Repair | |
| Investment | 74810 - 86370 | 63700 - 133500 |
| Franchise Fee | ||
| Royalty Fee | 7.50% | 5% |
| Advertising Fee | ||
| Year Founded | 0 | 1985 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| DriveNStyle | Alloy Wheel Repair | |
| Experience | Net worth requirement: $50K-250K Cash liquidity requirement: $10K Business Experience: * General business experience * Marketing skills | |
Financing Options |
||
| DriveNStyle | Alloy Wheel Repair | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| DriveNStyle | Alloy Wheel Repair | |
| Training | One week in Denver / One week in existing franchisee's location / One week in market for business launch | * Available at headquarters: 2 weeks * At franchisee's location: 3-5 days |
| Support | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives | |
| Marketing | * Co-op advertising * Ad slicks * National media * Regional advertising | |
| Operations | * Franchise can be run from home * 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is NOT allowed. (85% of current franchisees are owner/operators) | |
Expansion Plans |
||
| DriveNStyle | Alloy Wheel Repair | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Franchise Fee | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Royalty Fee | |
| DriveNStyle | 7.50% |
| Alloy Wheel Repair | 5% |
| Advertising Fee | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Year Founded | |
| DriveNStyle | 0 |
| Alloy Wheel Repair | 1985 |
| Year Franchised | |
| DriveNStyle | 0 |
| Alloy Wheel Repair | 2000 |
| Term Of Agreement | |
| DriveNStyle | |
| Alloy Wheel Repair | 10 years |
| Renewal Fee | |
| DriveNStyle | |
| Alloy Wheel Repair | $2,000 |
Business Experience Requirements |
|
| Experience | |
| DriveNStyle | |
| Alloy Wheel Repair | Net worth requirement: $50K-250K Cash liquidity requirement: $10K Business Experience: * General business experience * Marketing skills |
Financing Options |
|
| Franchise Fees | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Start-up Costs | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Equipment | |
| DriveNStyle} | |
| Alloy Wheel Repair | |
| Inventory | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Receivables | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Payroll | |
| DriveNStyle | |
| Alloy Wheel Repair | |
Training & Support |
|
| Training | |
| DriveNStyle | One week in Denver / One week in existing franchisee's location / One week in market for business launch |
| Alloy Wheel Repair | * Available at headquarters: 2 weeks * At franchisee's location: 3-5 days |
| Support | |
| DriveNStyle | |
| Alloy Wheel Repair | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | |
| DriveNStyle | |
| Alloy Wheel Repair | * Co-op advertising * Ad slicks * National media * Regional advertising |
| Operations | |
| DriveNStyle | |
| Alloy Wheel Repair | * Franchise can be run from home * 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is NOT allowed. (85% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| DriveNStyle | |
| Alloy Wheel Repair | |
| Canada Expansion | |
| DriveNStyle | 0 |
| Alloy Wheel Repair | |
| International Expansion | |
| DriveNStyle | |
| Alloy Wheel Repair | |