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Below is an in-depth analysis and side-by-side comparison of Tilden Car Care vs TechZone Airbag Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $131,500 - $171,200 | $51,500 - $110,400 |
Franchise Fee | $25,000 | $15,000 - $35,000 |
Royalty Fee | 6% | 8.5%+marketing fee 2% |
Advertising Fee | - | - |
Year Founded | 1923 | 1992 |
Year Franchised | 1996 | 1994 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | - | $5K |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | - | Co-op advertising, Ad slicks, National media, 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 |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.
In the early '90s, engineer Douglas C. Hansen was working for an aerospace firm developing airbag inflators. He discovered there was a lack of understanding regarding airbag systems'how they worked, how they should be handled and how they should be repaired.
Propelled by that discovery and recent legislation that required all cars to be equipped with driver and passenger airbags, Hansen and his wife, Victoria, founded Airbag Service. Franchisees work with repair shops and consumers in testing, maintaining and replacing airbags.
The company has co-branding relationships with Novus and Apple Auto Glass.