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Updated RecentlyFibrenew vs Advanced Maintenance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fibrenew vs Advanced Maintenance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $87,812 - $99,452 | $132,350 - $185,100 |
| Franchise Fee | $47,000 | $35,000 |
| Royalty Fee | $695/mo. | 6% |
| Advertising Fee | - | to 1.5% |
| Year Founded | 1985 | 2000 |
| Year Franchised | 1987 | 2005 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 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 | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | Yes/- |
| Payroll | No/Yes | 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 | Our business system provides a standardized operational "blueprint" for developing and operating this first rate, highly specialized vehicle fleet maintenance company. We will train you how to use it! Targeted, meaningful and in-depth, our ongoing training brings to bear the collective knowledge of our experienced team of professionals. It has been carefully crafted to prepare you to face the challenges of operating this exceptional business, including how to identify, hire and develop outstanding service technicians. Franchisees will also benefit from our expert guidance in site selection and marketing. A detailed operations manual will provide you with a ready reference to our daily operational procedures. Above all, the seasoned professionals at Advanced Maintenance are available to share their hands-on industry insight and experience with you. |
| 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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| 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) | Number of employees needed to run franchised unit: 4 - 12. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
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| 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.
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In Franchise Business Reviews Top 200.
About Advanced Maintenance
Own your own business in a growing and vitally important industry, On-Site Vehicle Fleet Maintenance.
The professionals at Advanced Maintenance® bring hands-on industry experience to the table. Our seasoned managers have up close and personal insight into what Advanced Maintenance does and how we do it, and are eager to share their specialized knowledge with you. Joining this accomplished team can help you get your new business off to the right start, with the kind of competitive edge you're looking for.
#40 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Seeking new franchise units throughout the U.S.,
Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines and South America