|
Below is an in-depth analysis and side-by-side comparison of Ace DuraFlo Systems vs Ready Decks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $46,200 - $410,100 | $144,000 - $213,000 |
Franchise Fee | $21,900 | $29,000 |
Royalty Fee | 6-8% | 5% |
Advertising Fee | - | - |
Year Founded | 1997 | 2001 |
Year Franchised | 2001 | 2005 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $1K | $14500 |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Since 1999, ACE DuraFlo has been successfully using its proven system that has saved building owners and homeowners thousands of dollars, while saving occupants the messy, noisy and destructive experience of a repipe. Until now the only effective long-term remedy for encrusted galvanized steel or rust-corroded copper small diameter piping was the expensive and inefficient method of repiping the whole piping system. This meant the nuisance of dirt, noise, and several weeks of being without water. Building owners, homeowners, property managers and tenants are eagerly seeking an alternative to this old fashioned, expensive and frustrating system.
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.