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Below is an in-depth analysis and side-by-side comparison of Crestcom vs FranchiseMart including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,345 - $101,699 | $105,000 - $110,000 |
Franchise Fee | $69,500 | N/A |
Royalty Fee | 35.5% | - |
Advertising Fee | - | - |
Year Founded | 1987 | 2008 |
Year Franchised | 1991 | 2008 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $500 | - |
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/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
FranchiseMart is the first business of its kind to match people looking for franchise opportunities with franchise companies through a convenient retail location, much like having a local trade show set up permanently. Trends towards small business ownership and corporate downsizing are growing rapidly, and with that, so are franchises. As someone interested in owning their own business, you know first hand how difficult and costly it is to filter through all of the franchise opportunities and it's hard to know where to go to find the right fit...until FranchiseMart.