|
Below is an in-depth analysis and side-by-side comparison of Techna Glass vs Auto-Lab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $6,500 - $565,100 | $128,750 - $317,500 |
Franchise Fee | $5,000 - $45,000 | $27,500 |
Royalty Fee | 6-9% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1991 | 1985 |
Year Franchised | 2004 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Ongoing training at headquarters as needed | Continuous technical and management training programs |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Auto-Lab, LLC offers support in all areas of business management and operations through our corporate office, located in Farmington Hills, MI, and our strategic vendor partners. Our support includes, but is not limited to, continuous technical and management training programs, group purchasing programs, group marketing and advertising programs, electronic purchasing through vendor partners, a program for HotLine support, instant information network, assistance with business opportunities, etc. |
Marketing | Co-op advertising, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
The TechnaGlass International, Inc. co-branded franchise offering is designed for pre-existing, non-competing auto retail service providers, and has been proven in over 21 locations. This program allows these service providers to offer and support the highest standard of auto glass repair and replacement services.