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Updated RecentlyAutomotive Maintenance Solutions vs Fibrenew Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Automotive Maintenance Solutions vs Fibrenew including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $118,100 - $175,600 | $87,812 - $99,452 |
| Franchise Fee | $25,000 | $47,000 |
| Royalty Fee | 7%/mo. | $695/mo. |
| Advertising Fee | - | - |
| Year Founded | 1962 | 1985 |
| Year Franchised | 2002 | 1987 |
| Term Of Agreement | 7 years | 5 years |
| Term Of Agreement | 7 years | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | 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 |
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Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| 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, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Fibrenew 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 media, Regional advertising | Ad Templates Social media SEO Website development Email marketing |
| Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. |
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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Automotive Maintenance Solutions
Two generations of the Sheldrick family have contributed to the success of the system. After the first location opened in the 60’s, people have learned a lot about quality automotive service. Back then, the Sheldrick’s had to teach people about the value of regular automotive maintenance services, in general. Now, our reputation is so solid, we grow our business daily by word-of-mouth! The Sheldricks were not planning to sell just any common oil change. They researched the market and the competition and decided that performing complete automotive maintenance actually increased the performance of their customers vehicles. Our market holds over $70 Billion in Un-Performed maintenance service! Think of the potential for AMS locations to capture this business. From it’s inception, AMS has built a structured system that will enable each franchisee to maximize their potential. Our goal is not just to sell franchises, we want you to be successful! We invite you to compare the AMS franchise system to other opportunities and make an intelligent choice. It is our hope that you will see that we are offering more than a product to sell, we are offering a franchise system that works because our structure is built on a sound foundation of integrity and quality.
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.
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