| ||||
Updated RecentlyAero Colours vs ChipsAway Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Aero Colours vs ChipsAway including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $49,000 - $174,000 | $45,000 - $70,000 |
| Franchise Fee | $25,000 - $125,000 | $45,000 |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 1994 |
| Year Franchised | 1993 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | New franchise owners begin their AERO COLOURS career with a four-week training program. The first two weeks are spent at AERO COLOURS Training Center in Minneapolis, Minnesota consisting of 80 hours of classroom and hands-on training. Each new franchisee receives a pre-training exercise packet, training manual that offers step-by-step instructions on how to repair everything from chip and scratches to mending a cracked bumper, a sales and marketing manual that covers sales, marketing, advertising and promotions and an administration manual that offers information and documents needed to operate an AERO COLOURS franchise business. | Technically, the ChipsAway System is easy to learn ; you will be painting cars to a commercial standard within a few days! ChipsAway ensures franchisees are up and running in the shortest time possible. We have developed a comprehensive three week training programme which is backed up by a hands-on, highly targeted launch module, using the resources of experienced staff and franchisees. In no time at all your business is up and running will immediate cashflow. |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Each franchisee has their own designated member of the Franchise Support team who mentors them for as long as required. |
| Marketing | Ad slicks | - |
| Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Aero Colours
Aero-Colours, Inc. is recognized as the market leader in the paint repair industry based on our superior paint repair processes, industry-leading products, and highly trained and motivated franchisees. In addition to the dealer market, opportunities also exist with wholesalers, commercial fleets and individual car owners. Experience in paint repair is not necessary as many of our successful franchisees come to us with unrelated business experience and careers. We will teach you to be successful in this business if you have a genuine interest and are willing to make the commitment for success. Why Choose Aero-Colours? One of the many benefits of being part of the Aero-Colours family of franchise owners is that Aero-Colours has a vested interest in your success. If your business is successful, that success has a major impact on the overall success of the entire Aero-Colours franchise system. Each new franchisee success story translates into stronger market penetration and strength. After training, our franchise owners have the know-how to get the job done right using the products we developed for our specialized business. Proper training combined with regular technical updates, training seminars and access to our technical experts by telephone, fax and the internet give our franchisees access to the shared experience of hundreds of their colleagues nationally. In an ever-changing automotive industry, our full-time chemical engineer keeps us on the cutting edge of technology. We do the research and testing so you can concentrate on running the business.
About ChipsAway
ChipsAway is the world's leading SMART repairer. Established in 1994, ChipsAway now has a worldwide network of more than 500 skilled professionals. Repairs carried out with the unique ChipsAway system are of the highest quality, preserve the integrity of the car's original paintwork and therefore its value. It is no surprise that ChipsAway franchisees regularly carry out work in the motor trade for premier brands such as Mercedes, Audi, Ferrari, BMW and Porsche.