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Updated RecentlyFibrenew vs Granite America Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fibrenew vs Granite America 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 | $32,250 - $576,200 |
| Franchise Fee | $47,000 | $12,500 - $40,000 |
| Royalty Fee | $695/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 1999 |
| Year Franchised | 1987 | 2012 |
| 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 | -/- |
| 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 | - |
| 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) | - |
Expansion Plans |
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| US Expansion | Yes | 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.
Veteran incentives: 10% off franchise fee
!["Vet]("https://www.fibrenew.com/wp-content/themes/Fibrenew2018/images/vet-fran.jpg")
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In Franchise Business Reviews Top 200.
#275 in Franchise 500 for 2020.
#350 in Franchise 500 for 2021.
About Granite America
!["Granite]("https://fddexchange.com/wp-content/uploads/2020/03/Granite-America-300x162.jpg")
The franchise offered is for the operation of either a granite and
stone countertop sales and installation shop that orders slabs as
needed, fabricates them and performs installations (“Express Model”), a
granite and stone countertop sales, fabrication and installation shop
that has an inventory of slabs onsite (“Standard Model”) or a granite
and stone countertop sales, fabrication and installation shop that has
an inventory of slabs onsite and uses digital technology and automation
to fabricate slabs (“Digital Model”) for home improvement and
construction projects. Besides opening as a new business (“Startup
Franchise”) there is also an option to convert an existing granite,
marble or solid surface shop into either an Express, Standard or Digital
Model (“Conversion Franchise”). These are service oriented businesses
that offers a wide selection of imported granite and stone slabs that
are customized into countertops while incorporating an efficient and
simplistic approach to production and daily operations, under the name
“Granite America®”.
When you became a franchise of a Granite America®, you will offer
unique products that are superior and NOT available in the marketplace.
In other words, you won’t find our products anywhere else! As a Granite
America® franchise you are a one- stop solution for sales, fabrication
and installation. Not only will you be able to transform residential
homes, you will also meet the demand for commercial businesses such as:
restaurants, hotels, retail stores, casinos and MORE!
We have several
markets available across the United States so don’t wait!
- You will receive a protected territory.
- We provide comprehensive training at our corporate office.
- We provide you with onsite assistance and guidance.
- You will learn how to maximize your materials...our motto is “No materials go to waste!”
- You choose which business model to operate. Learn More.
- We have attractive foreign investor programs. Learn About our EB-5 Franchise Program.
- You will have extensive management team support at your fingertips.
- You inherit all our relationships with our vendors and suppliers.
Startup Franchise; for a Standard Model, the Initial Franchise Fee is
$12,500 for a Conversion Franchise or $25,000 for a Startup Franchise;
for a Digital Model, the Initial Franchise Fee is $25,000 for a
Conversion Franchise or $40,000 for a Startup Franchise with protected
rights to operate in a specific area defined by the franchisor.
Additional franchises will be available for $10,000 for an Express Model
or $15,000 for either a Standard Model or Digital Model per franchise.
The total investment necessary to begin operation of a Granite America®
Express Model ranges from $32,250 to $116,000 for a Conversion Franchise
or from $162,850 to $270,450 for a Startup Franchise; for a Standard
Model from $66,950 to $180,200 for a Conversion Franchise or from
$327,650 to $576,200 for a Startup Franchise; and for a Digital Model
from $742,300 to $969,100 for a Conversion Franchise or from $1,121,000
to $1,463,100 for a Startup Franchise which will depend on a number of
factors that are fully discussed in Item 7 and includes the Initial
Franchise Fee that must be paid to the Franchisor.