|
Below is an in-depth analysis and side-by-side comparison of Pinot's Palette vs SirVent Chimney and Venting Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $96,800 - $246,700 | $45,682 - $145,242 |
Franchise Fee | $22,500 - $27,500 | $35,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 6% |
Year Founded | 2009 | - |
Year Franchised | 2010 | - |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
||
Experience | "We like people that are outgoing, bubbly. Our big thing is characters with character." - Haley Connor, consumer marketing *Has a passion for wine and entertaining people *Likes to network and is a mover and shaker in the community *No art experience required | SirVent franchise owners are not required to have prior chimney cleaning and repair or other industry-related experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing chimney and dryer vent or other home improvement businesses who wish to add the SirVent system to or convert their current operations. Regardless of your experience or background, we will provide the training and tools needed to effectively operate a quality-focused SirVent business. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect franchise owners to have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 71-81 hours Classroom Training: 68-113 hours Additional training as needed | Before your business opens, we will provide you and one other person with a mandatory initial training program. Our total training program includes approximately 20 hours of webinars to be completed before you attend Level 1 training. Level 1 training lasts for approximately 11 days and covers HR, sales, pricing, customer service, job safety, service and repair procedures, marketing and advertising, and more. Level 2 training is offered two to three months after you have completed Level 1 training and have been operating your franchised business, and lasts for approximately five days. It covers more advanced inspection and repair services. Level 3 training is offered two to three months after you have completed Level 2 training, and lasts for approximately five days. Level 3 training covers additional types of heating systems, installation techniques, report writing, estimates and contracts, and more. We will also provide you and your staff with local training around the time of your location's grand opening, and ongoing on-site and remote support as needed. As a franchise owner, you will have access to all of SirVent's trademarks, approved product suppliers, and our exclusive business model and procedures. We'll also present you with a copy of our confidential operations manual to help you run your chimney and venting franchise business properly on a day-to-day basis. |
Support | *Brand strategy definitions and Operations *Site selection*Lease negotiation *Target customer profiles *Media buying theory, industry definitions *Pinot's Palette PR Toolkit *Grand opening media relations support *National partnerships with respected brands in your area *Social media and email marketing content and strategy *Designed creative for media placements at your fingertips *Build-out drawings, opening roadmap, benchmarking reports *P&L reports, payroll reports, calendar planning reports *Artist training, bar training, preferred pricing for supplies *Strategy Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 6 | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
SirVent is a full-service, one-stop-shop solution to meet the growing demand for fireplace, dryer vent, and chimney-related issues. SirVent is dedicated to providing their franchise owners with the training and skills they need to grow their local businesses. Franchise owners learn how to offer chimney and dryer vent repairs, replacements, cleanings, inspections, and new installations while developing a customer base within a territory that is theirs alone. The chimney and venting service industry is an area of business that is untapped and dynamic - for the right person, it's a franchise opportunity that is a step ahead of others.