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Below is an in-depth analysis and side-by-side comparison of IronDrive vs The Swim Squad including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $39,000 | $16,200 - $33,500 |
Franchise Fee | $20,000 | $7,500 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | - |
Year Founded | - | 2007 |
Year Franchised | - | 2009 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
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. | Each Franchisee will participate in a 2 week training course involving all of our policies and procedures, as well as business operations. On-site training for an additional 10 business days to help the transition into your new business |
Support | - | - |
Marketing | - | - |
Operations | - | Franchise can be run from home. Number of employees needed to run franchised unit: 5 - 20. Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Our program is truly unique. We have an extensive online back-office/database to help you manage your current customers, promotions, employees, and administrative duties. Instructors are also set up with an online account, and may view/edit their upcoming schedule or customer contact information if needed. Parents can go online and choose whatever dates and times work best for them for their lessons - there is no mandatory schedule they must abide by. Once a registration has been made, our instructors and managers are notified immediately with contact information and an updated schedule allowing you, the franchise owner, to have more time to market, advertise, and provide excellent customer service! The Swim Squad is currently seeking qualified franchise owners for our prime available locations! Enjoy what you do - work from home and be your own boss! The Swim Squad provides a unique Franchise opportunity by allowing you to own your own business in two growing industries: At-Home Services, and Child Services. At home swimming lessons not only provide convenience for the parents, but also increase child safety awareness in their own home. Contact Us today for more information about our available opportunities!