|
Below is an in-depth analysis and side-by-side comparison of Tilden Car Care vs Northside Autosports including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $131,500 - $171,200 | $50,000 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 6% | - |
Advertising Fee | - | $250/Month |
Year Founded | 1923 | 2001 |
Year Franchised | 1996 | 2009 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Needs to have some background in sales/marketing and they need to be an automotive enthusiast. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Upfront training program, 24/7 online training and operating procedure archive access, social media marketing, event management, lead generation programs, supplier management/development programs, etc, etc. |
Support | Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | - | - |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 90% of current franchisees are owner/operators | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Sydney G. Tilden founded S.G. Tilden Inc. in 1923, and Tilden for Brakes Car Care Centers were born. In 1966, Tilden began offering franchises to existing loyal store managers. Now publicly owned under the name Tilden Associates Inc., the company is based in Garden City, New York.