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Below is an in-depth analysis and side-by-side comparison of Urban Enterprises vs IronDrive including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,000 | $39,000 |
Franchise Fee | $9,000 | $20,000 |
Royalty Fee | $400/mo. | 6% |
Advertising Fee | - | 2% |
Year Founded | 1999 | - |
Year Franchised | 0 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | None, simply continue the monthly fee of $500 | - |
Business Experience Requirements |
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Experience | - | * > Customer Oriented * > Positive Attitude * > Passion for Quality |
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 | - | Franchisee attends new franchisee training program in Chandler, Az. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
Loyalty Club Card Loyalty Club Card for your local Area. You own the franchise for your area code. We assist you in training, support, website, and services so you can own a loyalty card company for your local area. The franchise started as Urban515.com in the Capital of Iowa and quickly became the only Loyalty Card Company of its type-capturing the savings people love, and delivering loyal customers that businesses need. You will own your area code and your website, customized crm, rights to the Urban Card name, established customer base, leads, and more which could cost you as much as $80,000.00 to duplicate. Urban Card will soon be the leader in North American loyalty clubs. This concept captures the element of local and conscious consumerism. We provide specialized and a standardized system to purchase cards, marketing material and your website-all at the click of a button. You will have the use of the website, you can buy your state or your area code. You can retain ownership of your state or area code or we will maintain ownership and create a split with you to be the manager of your area.
IronDrive specializes in garage floor coverings and much more. IronDrive gives you the opportunity to install high-quality siding for residential garages and many commercial siding applications. Your product is easy to apply - a two-car garage can be fully coated in as little as six hours!
The market for this product is practically untapped. IronDrive reports that a high percentage of garage floors in the United States are bare concrete. More and more garages are becoming second "man cave” or simply lining so oil spills and dirt can be cleaned up quickly.
An investment for this relatively low cost franchise of $ 39,000 makes this a very attractive opportunity. This gives you the opportunity to be your own boss and run your own company. Very low inventory is also required. The company claims that it is a "turnkey” operation, but does not mention any means of developing an Internet presence. For a fraction of the franchise price, you can learn how to effectively market your IronDrive business on the Internet. You simply need some internet marketing, mentoring, and coaching and training to help you jump-start your new business. You are obviously reading this on the internet, and as a business owner you must also learn how to market on the internet.