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Below is an in-depth analysis and side-by-side comparison of The Dry Boys vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $74,000 - $116,000 | $169,200 - $202,700 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 7% | 8% |
| Advertising Fee | 2% | 2% |
| Year Founded | - | 2012 |
| Year Franchised | - | 2013 |
| Term Of Agreement | 10 Years | - |
| Term Of Agreement | 10 Years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | Yes/- | -/Yes |
| Inventory | Yes/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising | On-The-Job Training: 17 hours Classroom Training: 24 hours |
| Support | - | 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 | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |