|
Below is an in-depth analysis and side-by-side comparison of Rytech vs Spaulding Decon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $128,000 - $160,000 | $122,700 - $139,200 |
Franchise Fee | $35,000 | $45,000 |
Royalty Fee | 8% | 8% |
Advertising Fee | - | 3% |
Year Founded | 1995 | 2005 |
Year Franchised | 1996 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | All you need is a positive attitude and a go-getter mindset to become one of our franchisees. Net-worth Requirement $250,000 Liquid Cash Requirement $50,000 |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 24 hours Classroom Training: 45 hours Additional Training: Online training |
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 | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Rytech has steadily grown since its inception in 1995. Insurance claims professionals realize Team Rytech's fresh approach is exactly what the industry has been looking for. Because of our specialized field of work, advanced cutting-edge technology and successful strategies, Rytech is repeatedly recommended for residential and commercial water claims by insurance carrier partners, agencies and adjusters. Our success is driven by selecting highly motivated individuals with drive, dedication and an attitude to excel.