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Updated RecentlyIslandTime Treasures vs SirVent Chimney and Venting Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of IslandTime Treasures vs SirVent Chimney and Venting Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $11,000 - $26,350 | $45,682 - $145,242 |
| Franchise Fee | $7,500 | $35,000 |
| Royalty Fee | 10% | 6% |
| Advertising Fee | 2% | 6% |
| Year Founded | 2011 | - |
| Year Franchised | 2012 | - |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| Term Of Agreement | 10 years | 5 years +5+5+5 |
| Renewal Fee | N/A | - |
Business Experience Requirements |
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| Experience | *Total net worth requirement $75,000 *Marketing skills *Must enjoy being around kids and giving out lots of smiles! | SirVent franchise owners are not required to have prior chimney cleaning and repair or other industry-related experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing chimney and dryer vent or other home improvement businesses who wish to add the SirVent system to or convert their current operations. Regardless of your experience or background, we will provide the training and tools needed to effectively operate a quality-focused SirVent business. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect franchise owners to have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | *Online 4 Hours (Prior to Initial Training) *At corporate headquarters location 2 Days | Before your business opens, we will provide you and one other person with a mandatory initial training program. Our total training program includes approximately 20 hours of webinars to be completed before you attend Level 1 training. Level 1 training lasts for approximately 11 days and covers HR, sales, pricing, customer service, job safety, service and repair procedures, marketing and advertising, and more. Level 2 training is offered two to three months after you have completed Level 1 training and have been operating your franchised business, and lasts for approximately five days. It covers more advanced inspection and repair services. Level 3 training is offered two to three months after you have completed Level 2 training, and lasts for approximately five days. Level 3 training covers additional types of heating systems, installation techniques, report writing, estimates and contracts, and more. We will also provide you and your staff with local training around the time of your location's grand opening, and ongoing on-site and remote support as needed. As a franchise owner, you will have access to all of SirVent's trademarks, approved product suppliers, and our exclusive business model and procedures. We'll also present you with a copy of our confidential operations manual to help you run your chimney and venting franchise business properly on a day-to-day basis. |
| Support | *Purchasing co-operatives *Newsletter *Regional/national meetings *Toll-free telephone line *Grand opening *Internet support *Field operations & evaluations *Lease negotiations | - |
| Marketing | Ad slicks | - |
| Operations | *Absentee ownership of franchises allowed *Average number of employees a franchisee would need to run a typical franchised unit 1-2 *The franchise can be run from home. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About IslandTime Treasures
Much like Build-a-Bear Workshop - We make school and church fundraisers, events, fairs, weddings, and parties a truly unforgettable experience by providing a unique, hands-on art experience for folks of all ages that are as entertaining as they are educational. Our affordable sand impression art experience provides the ability for a customer to build their own treasure utilizing our mobile sandboxes. Our affordable ($10 - $40 per item average) sand impression art experience provides the ability for a customer to build their own treasure in three short steps: Step 1 - They choose a treasure form in a variety of shapes and sizes, or use their hand or footprint. Step 2 - They decorate the treasure sand impression with island bling, including shells, sea glass, rocks, or tons of other cool items. Step 3 - We pour in our special Island Mud. 15 minutes later... voila! Their project is done and ready to go! The IslandTime Treasures franchise opportunity is available in two business formats, depending on your business needs and goals. Franchise investment levels start at an affordable $15,900 and include a comprehensive startup kit that has everything you need to begin scheduling events and making money. - Mobile Unit Enjoy the freedom of a part-time home based business to make money! IslandTime Treasures owners (aka Island Guides) provide our unique product experience for birthday parties, events, fairs, school and church fundraisers, plus many other venues. Mobile unit owners receive a minimum protected territory of 200,000 in population. Mobile unit operators can also grow sales in their territory through the ownership of additional retail kiosks and cart units. - Kiosk & Cart Generate more revenue with the addition of a cart or kiosk! For resorts, camps, theme parks, zoo's, malls, and other public venues, our retail fixed kiosks or mobile carts are "customer magnets" and can provide excellent incremental income. IslandTime Treasures kiosks and carts are customized to fit your facility and can be operated part-time or year-round, depending on your requirements. Kiosk and cart locations do not receive a protected territory and are restricted to doing retail business at the installed location.
About SirVent Chimney and Venting Services
SirVent is a full-service, one-stop-shop solution to meet the growing demand for fireplace, dryer vent, and chimney-related issues. SirVent is dedicated to providing their franchise owners with the training and skills they need to grow their local businesses. Franchise owners learn how to offer chimney and dryer vent repairs, replacements, cleanings, inspections, and new installations while developing a customer base within a territory that is theirs alone. The chimney and venting service industry is an area of business that is untapped and dynamic - for the right person, it's a franchise opportunity that is a step ahead of others.