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Below is an in-depth analysis and side-by-side comparison of IronDrive vs Mr. Parging 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 | $35,000 - And Up |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | - | 2010 |
Year Franchised | - | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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. | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
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.
At Mr. Parging we are unique! Our philosophy starts with good communication, honesty and trust. Our goal is to surpass your expectations. We strive to build a solid relationship with our customers. We recognize your time is very valuable. We honour our appointments and return your calls promptly. We appreciate your feedback and listen attentively to your needs! Our standards are beyond picky and we let our customers be the judge of that. Our business has been built from word of mouth. People talk and people watch! We know our name is only as good as our last job. We pay special attention to details. Our motto is "We do the job right the first time". We have established a proven formula and we stick by it. Not only do we walk the customer through the complete process, but every employee of Mr. Parging receives comprehensive training and is armed with a step-by-step guide on how we do the job from start to finish. Mr. Parging and the employee sign an agreement acknowledging this proven formula. This way we are all on the same page. Mr. Parging specializes in masonry. We repair and beautify foundations, including crumbling garage walls & floors, step resurfacing, and brick pointing. We form partnerships with our clients and will exceed their expectations. We will accomplish this because our focus and commitment is clear: To be the leader in the industry. We will delight our customers as we "Will do the job right the FIRST TIME."