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Below is an in-depth analysis and side-by-side comparison of PHWS International 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 | $97,750 - $146,825 | $39,000 |
Franchise Fee | $60,000 | $20,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1997 | - |
Year Franchised | 2010 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | PHWS is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Experience working in the Building or Construction Trade *Minimum financial net worth of $75,000 | * > 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 | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Spread the savings and service to builders and homeowners through the systemized PHWS service delivery process. PHWS is using a business model based on 13 years in the field, you can build a very successful business using our expertise and knowledge in the building industry. If you have ever purchased a home or been involved in the new home residential building industry then you know how important post sale customer care and warranty service is. Traditionally builders and developers have performed these duties in-house. Professional Home Warranty Services, Inc. gives builders and developers the opportunity to outsource this necessary service, much like they outsource virtually every aspect of building a home. A PHWS operation will provide better service and more control, all at a lower operating expense to the builders, the value PHWS brings to its clients is clear and tangible. Most of the builders in your market area who are actively building homes manage customer care and warranty in-house. This in and of itself provides an enormous potential market for you as a PHWS franchisee. Many states now have "right-to-repair" laws, which put even MORE value in customer care and warranty operations. States that support long statute of repose periods on builders and developers require they remain vigilant to claims of poor workmanship or performance, again this provides opportunity for you as a PHWS franchisee. PHWS also presents a new level of service as a professional trade contractor specializing in pre and post buyer move-in services. We like to think of ourselves as the "newest level of professional trade contractor available to the new home residential industry". Builders are becoming accustomed to outsourcing customer care and warranty callback services. By owning your own PHWS, Inc. franchise you are taking advantage of an exciting new market with services and systems available to new homebuilding professionals.
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.