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Below is an in-depth analysis and side-by-side comparison of Fish Window Cleaning Services vs Labor Panes of Charlotte including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $87,300 - $151,600 | N/A |
Franchise Fee | $39,900 - $64,900 | N/A |
Royalty Fee | 8-6% | - |
Advertising Fee | 1% | - |
Year Founded | 1978 | 2005 |
Year Franchised | 1998 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | *Liquid Capital Required: $50,000 *Net Worth Required: $250,000 *Total Investment: $50,000 |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 47 hours Classroom Training: 17 hours Additional Training: Webinars | Initial training - One week. |
Support | 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 Loyalty program/app | - |
Operations |
23% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
It is rare for a franchise to really be the right opportunity at the right time. If you are tired of working for others and want to build equity in a business of your own, Labor Panes just might be right for you. Imagine being in business for yourself but not by yourself. This is what Labor Panes Franchise is all about. Multiple revenue sources Labor Panes delivers many home services and is constantly adding additional services based on customer feedback. Two big advantages are clear: One, franchise owners have a more consistent, year-round revenue flow and two, your customers need your services repeatedly - typically every 6 months to 1 year. In contrast to businesses with single deliverables, your NEW customer acquisition costs are far lower since you will be re-marketing to your existing client base. Labor Panes is the right opportunity at the right time: Homeowners are staying in their homes longer. This means a steadily increasing demand for house washing, deck restoration, gutter cleaning and repair, as well as window cleaning. Labor Panes delivers these and other services that customers need on a consistent and regular basis. As the customer base grows, marketing costs actually decline. Labor Panes was developed by a team with over 25 years of home services franchise experience. And they have real world business management and field experience in every aspect of the business. Started in 2005, Labor Panes has delivered double digit sales growth every year - even through the recent recession! There is significant pent up demand for the services of Labor Panes because homeowners cannot delay important home maintenance, restoration, cleaning and repair services any longer. Home sales are steadily improving and this trend is projected to continue, according to industry experts. Real estate professionals all agree that the services of Labor Panes are worth every dollar. Why? Because a clean and well maintained home will always sell more quickly - and typically at a higher price than one in need of the services of Labor Panes. Mark Twain said it best: Twenty years from now you will be more disappointed by the things you didn't do than those you did.