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Below is an in-depth analysis and side-by-side comparison of Expetec vs Egismoz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $82,000 - $123,000 | $1,750,000 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | 12% of Gross Profit | 4% |
Advertising Fee | 3% of Gross Profit | - |
Year Founded | 1992 | 2005 |
Year Franchised | 1996 | 2006 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | $5K or 33% of current fee |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | * Available at headquarters: 7-10 days * At franchisee's location: 2-3 days |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, Regional advertising | - |
Operations | Number of employees needed to run franchised unit: 3-6 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 | - |
International Expansion | No | - |
NO LONGER FRANCHISING