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Below is an in-depth analysis and side-by-side comparison of Lentz U.S.A. Service Centers 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 | $114,000 - $130,000 | $51,500 - $110,400 |
Franchise Fee | $20,000 | $15,000 - $35,000 |
Royalty Fee | to 7% | 8.5%+marketing fee 2% |
Advertising Fee | - | - |
Year Founded | 1983 | 1992 |
Year Franchised | 1989 | 1994 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 25% of original 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/Yes | 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 | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% 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 | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
For over 40 years, Lentz USA has been providing the highest quality automotive service to Michigan residents. Lentz USA can help you with new brakes, oil change, new mufflers, shocks, upgraded struts, and more. Simply, we want to be your complete auto service center! We have earned the trust of hundreds of satisfied customers.
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.