Fibrenew vs Precision Tune Auto Care Franchise Comparison

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

Start-Up Costs and Fees
	Fibrenew Franchise	Precision Tune Auto Care Franchise
Investment	$87,812 - $99,452	$127,000 - $253,600
Franchise Fee	$47,000	$25,000
Royalty Fee	$695/mo.	7.5%-6%
Advertising Fee	-	1.5%
Year Founded	1985	1975
Year Franchised	1987	1978
Term Of Agreement	5 years	-
Term Of Agreement	5 years	-
Renewal Fee	-	-
Business Experience Requirements
	Fibrenew Franchise	Precision Tune Auto Care Franchise
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	-
Financing Options
	Fibrenew Franchise	Precision Tune Auto Care Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	Yes/No
Start-up Costs	No/Yes	No/Yes
Equipment	No/Yes	No/Yes
Inventory	No/Yes	No/Yes
Receivables	No/Yes	No/Yes
Payroll	No/Yes	No/No
Training & Support
	Fibrenew Franchise	Precision Tune Auto Care 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	On-The-Job Training: 4 hours Classroom Training: 46.5 hours Additional Training: Ongoing upon request
Support	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	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	Ad Templates Social media SEO Website development Email marketing	Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app
Operations	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)	Absentee Ownership Allowed Number of Employees Required to Run: 5 - 8
Expansion Plans
	Fibrenew Franchise	Precision Tune Auto Care Franchise
US Expansion	Yes	-
Canada Expansion	No	No
International Expansion	Yes	No

Company Overviews

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.

About Precision Tune Auto Care

Precision Tune Auto Care began as a small tune-up shop in Beaumont, TX and has grown to 350+ service centers operating in eight countries. We are a recognized world leader in the automotive service industry. Our service centers perform diagnostics, scheduled maintenance and auto repairs. Our brand proposition can best be described as a successful combination of “customer care” and “car care” services. On top of all that, higher gas prices work to our advantage as people are servicing and repairing their vehicles instead of purchasing new ones.

Of course, our franchisees have played a major role in the success of Precision Tune Auto Care. To help our franchisees operate successfully and to meet the challenges of today’s marketplace, we provide them with proven operating systems giving them every opportunity to succeed. Our value proposition includes (but is not limited to) the following:

 Nearly 40 Years of International Franchise Success World Class Management.
Sales & Technical Training .
Turn-Key Marketing & Advertising Programs.
National Vendor Partnerships.
Proven Proprietary POS System.
24/7 Intranet Community.
National & Local Support.
Powerful Brand Proposition .
Proven Business Model.
Continuous Research & Development.

U.S. and international franchise opportunities are currently available.

Veteran Incentives  $15,000 off franchise fee, reduced royalty fee for first year

#277 in Franchise 500 for 2020.