Dr. Vinyl vs Fibrenew Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Dr. Vinyl vs Fibrenew including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Dr. Vinyl Franchise
Fibrenew Franchise
Investment $41,320 - $71,500$87,812 - $99,452
Franchise Fee $24,500$47,000
Royalty Fee 7%$695/mo.
Advertising Fee --
Year Founded 19721985
Year Franchised 19811987
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements
 
Dr. Vinyl Franchise
Fibrenew Franchise
Experience
  • General business experience
  • Marketing skills
    		• Fibrenew franchisees come from all walks of life. The diversity of backgrounds and past careers is widely varied, including: Engineer, Sales Executive, Teacher, Stock Broker, Military, Chemist, Printing Industry, Insurance, Manufacturing, Rocket Scientist, Painting, Mechanic, Truck Driver, IT / Networking, Accounting, Golf Pro, Pilot, Much more...
    Even with this diversity, there are a few criteria that franchise owners must meet:
    - Can not be color blind
    - Enjoys working with their hands
    - Confidence with relationship & networking sales
    - Physically fit as lifting furniture may be required
    - Is trainable and coach-able

    Financing Options
     
    Dr. Vinyl Franchise
    Fibrenew Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Dr. Vinyl Franchise
    Fibrenew Franchise
    Training -You will be trained at our Calgary, AB training center. The 2 week training session is conducted by seasoned technicians who have all owned and operated their own Fibrenew Franchise. All told, our instructors have over over 50 years of combined knowledge. The training center is set up to facilitate hands-on instruction and practice of the many techniques our technicians use in the field everyday, including: * repair techniques * color identification * material identification * business operations * marketing and sales * communications On-The-Job Training: 12 weeks Classroom Training: 80+ hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesFibrenew offers live training and meetings on a regular basis and requires all franchise owners to attend. Besides their educational value, these conventions, seminars and workshops offer everyone an opportunity to meet, network and share valuable business experiences. Our dedicated support staff provides our franchisees with expert field assistance, whether it be a question with a repair, color matching, products, business operations or administration. All support technicians are past or present franchisees who have 'walked a mile' as Fibrenew repair technicians and business owners. We are here to help by phone, live video feed, email and/or our online Technical Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National mediaAd Templates Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)

    		 Franchise can be run from home.

    1% 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)

    Expansion Plans
     
    Dr. Vinyl Franchise
    Fibrenew Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Dr. Vinyl

    Former aerospace employee W. David Isley founded Dr. Vinyl in 1972 in Kansas City, Missouri. He and his wife, Marcia, worked with local restaurants, repairing torn, burnt, chipped and peeling vinyl booths and chairs, but soon discovered there were many similar repairs to be done at car dealerships. The couple did repairs for clients in the Kansas City area until 1981, when they began franchising.

    Dr. Vinyl franchisees offers bumper repair, automotive paint touch-up, paintless dent removal, and vinyl siding repair in addition to the leather and vinyl repairs the Isleys introduced over 40 years ago.

    In January of 2001, Dr. Vinyl was sold to Richard Reinders, formerly the company's European Master Franchisee. It now allows franchisees to purchase shares in the parent company.

    About Fibrenew

    Our mission is to remain as the worldwide leader in leather, plastic and vinyl restoration and repair, while assisting our franchisees in achieving their personal and financial goals through owning and operating a thriving business.
    Our vision is to provide our service, throughout the world with integrity, distinction, and enthusiasm.
    Fibrenew continues to implement systems designed to improve every aspect of what we do, and how we do it. We are committed to providing advanced training, support and the opportunity of growth for every franchise owner.

    Franchising Opportunities Available in USA, Canada, Australia, New Zealand & Mexico.

    Veteran incentives: 10% off franchise fee



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    In Franchise Business Reviews Top 200.
    #275 in Franchise 500 for 2020.
    #350 in Franchise 500 for 2021.