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Updated RecentlyFibrenew vs Quick Lane Tire & Auto Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fibrenew vs Quick Lane Tire & Auto Center 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 | $282,150 - $1,820,100 |
| Franchise Fee | $47,000 | $15,000 |
| Royalty Fee | $695/mo. | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 2017 |
| Year Franchised | 1987 | 2017 |
| 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
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In Franchise Business Reviews Top 200.
#275 in Franchise 500 for 2020.
#350 in Franchise 500 for 2021.
About Quick Lane Tire & Auto Center
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Established in 1997, Quick Lane now has over 800 branches in the USA
and over 200 branches in Europe. We are expanding our network globally
into places including South America, South Africa, Middle East, as well
as to Asia, including China, Australia, Thailand and elsewhere.
Quick Lane is a standard tire and auto vehicle service center. With
expert technicians who will take care of all brands of car in a
professional and friendly manner, you can be confident of receiving
excellent products and services. Our experienced teams have completed
tests and training in matters ranging from oil changes to filters,
tires, brake checks, suspension and vehicle batteries, amongst others,
covering a total of over 14 services.
The total amount necessary to begin operation of a Quick Lane Tire & Auto Center under a Quick Lane Tire & Auto Center Franchise Agreement ranges from $282,150 to $1,082,100 if you convert an existing automotive repair facility to a Quick Lane Tire & Auto Center.
This includes $95,700 to $364,000 that is payable
to the franchisor.
The total amount necessary to begin operation of a Quick Lane Tire & Auto Center under a Quick Lane Tire & Auto Center Franchise Agreement
ranges from $1,008,450 to $1,820,100 if you construct a brand new
facility from the ground up (a “Greenfield Center”).
This includes
$218,000 to $364,000 that is payable to the franchisor.