|
Below is an in-depth analysis and side-by-side comparison of TechZone Airbag Service vs FixRim Mobile Wheel Repair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $51,500 - $110,400 | $69,000 - $89,000 |
Franchise Fee | $15,000 - $35,000 | N/A |
Royalty Fee | 8.5%+marketing fee 2% | 6% |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 1994 | - |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
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) | FixRim has found that our most successful franchisees are highly motivated individuals who devote a significant part of their time and efforts to their business. Hands-on management is important to the effectiveness of the FixRim business. As an owner, you may, however, choose to have a passive or silent partner. |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
Why FixRim? Perhaps you have a passion to be in the exciting auto industry and would love to find a way to turn that into an effective business. Maybe you would like to own a business in which everyone may need your services? If so, we invite you to consider FixRim by becoming one of our select franchise owners and build the lifestyle you desire with the opportunity to build equity for your future. Whatever the reasons why you're considering FixRim, whether as a new business venture or your dream for the future, this is an opportunity you can't miss. *Affordable Start-up Costs *Growing Market Need *Scalable Business *Established Business Experience Our fixed operation affiliate locations have many years of expertise (since 1994) and have repaired over 2 million wheels. As a result, they possess: Extensive and established potential client data bases Listings with major collision repair shops and estimating systems Approved vendor for major insurance companies As a FixRim Franchisee, you will sell mobile repair services to used car dealerships, car rental agencies, collision centers, body shops, tire shops and other customers of the general public seeking this repair service. Mobile wheel repair provides a niche product offering within the mature body shop industry.