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Below is an in-depth analysis and side-by-side comparison of Paramount Home Beauty vs 21st Century Auto Alliance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,100 | $20,000 |
Franchise Fee | $14,800 | $4,500 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2004 | 1986 |
Year Franchised | 2006 | 1995 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) | - |
Support | - | - |
Marketing | - | - |
Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.
Our business opportunity has an easy learning curve, very modest capital investment, and provides a service that ALL automobile dealerships can use. We supply the proprietary software, marketing training, sets of the sticker stock used in daily business activities and a high level of support for our valued franchisees. We have formed an agreement with The Polk Company to acquire accurate information about the vehicles our franchisees service. The Polk Company is an exceptional source of information as they are in the business to collect and archive data. Polk acquires data directly from the auto manufacturers themselves as well as from state agencies responsible for licensing automobiles. Unlike some of our competitors who build their own data with limited resources, our relationship with The Polk Company allows us to tap the unlimited resources of a multi-million dollar corporation that most of the nations insurance companies rely on for their vehicle information. By presenting information about used vehicles using good advertising techniques coupled with the accuracy of Polk data, we feel that the 21st Century AutoAlliance franchise system offers the best option of alternative advertising for automobile dealerships today.