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Below is an in-depth analysis and side-by-side comparison of Metal Supermarkets vs K & N Mobile Distribution Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $228,500 - $437,000 | $67,318 - $195,307 |
Franchise Fee | $39,500 | $28,500 |
Royalty Fee | 6%-2% | 9% |
Advertising Fee | 1% | 1% |
Year Founded | 1985 | 1972 |
Year Franchised | 1987 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $7.5K | - |
Business Experience Requirements |
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Experience | The ideal candidate will possess the following: * Outgoing personality with a willingness to work hard to succeed * Ability to multitask and thrive in a fast-paced environment * Can effectively delegate and manage employees * Understands that building a business does not happen overnight * Willingness to work hard in order to achieve mid- to long-term meaningful financial rewards, versus short-term "home runs" | - |
Financing Options |
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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 |
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Training | On-The-Job Training: 120 hours Classroom Training: 60 hours | * Entire system orientation * Product line and parts numbers introduction * One full day of learning product * Catalog and price book instruction * People skills instruction Training is a 10-day process with one day spent shadowing an experienced sales person, and one half-day learning our proprietary software. Also included: * Training videos * Strategies for selling to a variety of businesses * How to develop new accounts * Role playing * Discussing competition |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Owning a K&N Franchise can be an incredibly rewarding experience. Imagine working for yourself with no employees, the latest state-of-the-art technology, no purchasing or warehousing duties, and no weekends. At K&N, we believe the only way we succeed is making sure you succeed. That's why we're committed to doing everything in our power to give you the tools you need, including intensive training, a completely automated order system with barcodes, voice-activated GPS system, identified prospects and close to 10,000 SKUs. Franchise opportunities are available in every state except Utah, Nebraska, South Dakota and North Dakota.