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Below is an in-depth analysis and side-by-side comparison of Renovation Professionals vs American Asphalt Sealcoating including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $28,500 - $50,980 | $35,000 - $45,000 |
Franchise Fee | $24,500 | $15,000 |
Royalty Fee | 4% | 5-7% |
Advertising Fee | - | - |
Year Founded | 1997 | 1987 |
Year Franchised | 2002 | 1998 |
Term Of Agreement | 5 years | 15 years |
Term Of Agreement | 5 years | 15 years |
Renewal Fee | - | Administrative costs |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | No/No | Yes/No |
Equipment | No/No | No/No |
Inventory | No/No | Yes/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Online training | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks, Regional advertising | Co-op advertising, Ad slicks |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. <10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Founded by Erich and April Weber in 1997, Renovation Professionals� is an innovative residential, commercial, and facilities management services company with a successful business record and a very ambitious goal � to create the most desirable product at competitive prices while delivering a standard of communication and excellence not seen in the remodeling and services industries. The Webers developed a highly professional, multi-step business system that focuses on superior client service, controlled tracking of daily business operations, and overall enhanced communications between client and service technician and construction personel.