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Updated RecentlyFriendly Computers vs Nextwave Computers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Friendly Computers vs Nextwave Computers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $51,000 - $143,980 | $76,000 - $125,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 8% | 5% |
| Advertising Fee | N/A | - |
| Year Founded | 1992 | 1999 |
| Year Franchised | 2000 | 2003 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $2.5K | - |
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/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | Training is a staple of the Nextwave Franchise System. We offer you the most comprehensive training available today to assist you in managing your franchised location. For as long as you are part of our system your training is a FREE benefit of belonging, not just for you but also for your employees. As your business continues to grow and the need arises for more employees you may send them to the home office for training. You stay focused on your business and our highly qualified team at the home office will send you back an employee with the knowledge and desire needed to be an asset to your organization. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks | Ad slicks, Regional advertising |
| Operations | Retail Service Center or Home Based Models. Part-time, Fulltime or Passive ownership allowed. Number of employees needed to run franchised unit: 1 - 4 Absentee ownership of franchise is allowed. (82% of current franchisees are owner/operators) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | No |
| International Expansion | Yes | No |
Company Overviews
About Friendly Computers
Originally started from a college apartment in 1992, Friendly Computers is now a franchise providing businesses and consumers with on-site computer repair and support. The company helps customers from beginning users setting up their first computer to large corporations installing networks and implementing e-commerce solutions.
About Nextwave Computers
Nextwave Computers is the franchise that is changing the face of the computer and technology industry one store at a time. In this highly competitive market to be successful you have to have and edge, a way of doing business that separates you from all the others and sets you far and away above the competition. For five years Nextwave Computers has raised the standard and been successful in this highly competitive market. Our business plan is proven to work and our history is evidence of our success. Our program is so refined that you don't have to be a computer technician to own a Nextwave Computers Franchise. We'll show you how to hire the right people to make your business a success. With Nextwave Computers you will partner under our master agreements with many industry leaders in the manufacturing business such as Lexmark, Xerox, Okidata, Toshiba and others to perform warranty work on their products. There is no other franchise that has manufacturers driving repair business to their stores bringing with it compensation and new customers. Only Nextwave Computers offers this benefit across the franchise system. We would be remiss if we did not also mention your status as a warranty center for products sold by our competitors such as Staples, Office Depot, Circuit City, People PC and many others. What other business model has its distribution competitors driving business directly to their stores? Only Nextwave Computers offers this benefit across the franchise system.