|
Below is an in-depth analysis and side-by-side comparison of Tilden Car Care vs Saf-T Auto Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $131,500 - $171,200 | $85,000 - $100,000 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 6% | $500/mo. |
Advertising Fee | - | - |
Year Founded | 1923 | 1978 |
Year Franchised | 1996 | 1986 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 90% of current franchisees are owner/operators |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Sydney G. Tilden founded S.G. Tilden Inc. in 1923, and Tilden for Brakes Car Care Centers were born. In 1966, Tilden began offering franchises to existing loyal store managers. Now publicly owned under the name Tilden Associates Inc., the company is based in Garden City, New York.
Founded in 1978, SAF-T Auto Centers are providing auto technicians a means to earn an independent living doing what they do best - repair cars.