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Updated RecentlyFibrenew vs Allkare Restoration Services Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fibrenew vs Allkare Restoration Services 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 | $46,500 - And Up |
| Franchise Fee | $47,000 | $17,500 |
| Royalty Fee | $695/mo. | 8% |
| Advertising Fee | - | 3% |
| Year Founded | 1985 | - |
| Year Franchised | 1987 | - |
| 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 | Ideally you need: energy; ability to get on with different types of people; desire to run your own business; happy to put in the hours; interest in the services we provide. Most of our franchisees are either people coming from management looking for an opportunity or have a background in building and want to develop a business. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | 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 | 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 | Ongoing support is available from a dedicated team at our head office who can be contacted by telephone or email during normal office hours. |
| Marketing | Ad Templates 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) | From experience, for your franchise to be a success you will need to commit all of your time to the business and any distraction from this could damage your prospects. We would not allow another competing business to be run along side the Allkare brand. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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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About Allkare Restoration Services
The Allkare Property Repair Franchise is designed to be a business in a box so we supply you with everything you need. This is what the basic package includes: *Full training at head office in all systems *Internet Marketing and SEO. You will get a number of web pages created for you, focussed on your franchise areas. These pages will help generate new business targeted to your local area. Your entire first year's Internet marketing is covered by us. *A fully-automated email marketing system that regularly keeps your name and the Allkare brand in front of the customer. As this list grows your business grows.... Automatically 24/7 *A dedicated Sales Manager. You will have someone at head office working on your behalf whose job is to build relationships between you and local Loss Adjusters, Insurance Brokers and Property Management companies. *Business from existing clients. Any work in your area that comes through our call centre comes to you. Plus any national work which you can handle in your area.. *Personal introductions to key local and national clients. Usually insurers and loss adjusters so they know who to come to. This is extremely valuable. *One fully liveried vehicle fully fitted out. *Limited company set up for you with accountancy package and a number of search engine optimised web pages. Plus one year of search engine marketing support (worth �10,000). *Uniforms. *Specialist software for managing insurance claims work. *Business stationery. *Manuals for all operations, healthy and safety and staff recruitment.