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Updated RecentlyLeather Medic vs Creative Colors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Leather Medic vs Creative Colors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $73,900 - $90,240 | $179,125 - $266,650 |
| Franchise Fee | $49,500 | $49,500 |
| Royalty Fee | $450/truck/mo. | 7.5% |
| Advertising Fee | - | 1% |
| Year Founded | 1985 | 1980 |
| Year Franchised | 2003 | 1991 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $2.5K | up to 20% of current fee |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | Yes/No | No/Yes |
| Inventory | Yes/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | On-The-Job Training: 16 hours Classroom Training: 29 hours | Franchisee must participate in an initial training and familiarization course of three weeks duration held in Mokena, IL. You'll learn sales and marketing techniques, financial controls, upholstery coloring, restoration and repair methods, and other administrative and operational aspects of the Creative Colors International business. In addition, a Creative Colors International field representative will spend one week with you in your territory around the time your business commences operations to help you get started. On-The-Job Training: 40+ hours Classroom Training: 120+ hours |
| Support | Meetings/Conventions Online Support Security/Safety Procedures Field Operations Proprietary Software | As a Creative Colors International franchise owner, you'll receive periodic visits from a trained field representative, who will provide guidance and quality control, and answer any questions you may have. In addition, you will receive a copy of the Creative Colors International Confidential Operations Manual, Training Manual and Employee Manual, which covers the policies and procedures involved in running your business. As the manuals are updated, revisions will be made available to you. And, of course, we'll be only a phone call away for answers to questions that arise during the day-to-day operation of your franchise, as well as having our Intranet available 24/7. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Regional Advertising Social media SEO Website development | Regional advertising |
| Operations |
Franchise can be run from home. Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4
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 | No |
| International Expansion | Yes | Yes |
Company Overviews
About Leather Medic
Leather Medic never quit developing and our extension incorporates exceptional domain openings. We manufactured a program like no other. Individuals from everywhere throughout the U.S. come to Leather Medic to prepare and take in the aptitudes and strategies we created. Our notoriety and demonstrated framework is the purpose behind the proceeded with interest for our administrations.
Our assets and strong business connections are accessible to you on your way to achievement. We ceaselessly track industry patterns and developments that empower your business to be more aggressive and eventually, more fruitful. All things considered, your prosperity will advance our notoriety significantly further.
The Potential
A Leather Medic establishment gives the chance to you to grow a business at your own pace, from a solitary versatile unit to the greatest number of as your region can bolster. Envision, no restrictions to how extensive or how quick you can develop your business. With level month to month charges (no rate of income), you generally comprehend what your costs will be and you don't need to impart your increments in income to us. We jump at the chance to keep it straightforward and gainful for each franchisee.
All Leather Medic experts have been through a broad preparing program furnishing them with the aptitudes and information to qualify them as head cowhide specialists. On the off chance that you require any sort of calfskin repair, contact an establishment close you.
At present, there are 22 free establishment proprietors situated in significant urban areas over the United States, each with prepared experts to serve our clients. In the event that you are hoping to begin your own particular business, look at our Franchise Opportunity page, for a strong and gainful business.
The Plan
To help you turn into a fruitful establishment, you get all that you have to begin rapidly. We'll help you outline a business structure and lead you through the effective plan of action that we have created by involvement. You'll generally have free access to both specialized and business bolster for the life of your establishment.
The Packages
Leather Medic's bundles incorporate selective domain, gear, supplies, start-up help, promoting arrangement and instruments that you should go ahead, including a concentrated preparing program. We need you to get your business moving instantly so we don't forget anything.
The Training
Our preparation program is second to none. Finish best in class methods and best practices are given through "hands on" labs and genuine client connection, all under the direction of the top professional in the business. When you leave the preparation, you'll be furnished with the abilities and the instruments to begin quickly.
Come, Be a Part
Leather Medic is a demonstrated plan of action, however regardless we keep on exploring better approaches for working together better. We work a corporate possessed establishment to test advertise new systems and business hones.
Key Benefits
* Unique Mobile Service Business
* Franchise Customized to Fit You and Your Market
* Low Franchise Fee
* Training and Supplies
* Extremely Low Overhead
* Military Discounts and Financing Available
* Be Operational in Days, Not Months!
Veteran Incentives 10% off franchise fee
About Creative Colors
The total investment necessary to begin operation of an Area Development Creative Colors International franchised business is $179,125 to $266,650. This includes $168,000 that must be paid the Franchisor. The fee paid to the Franchisor covers the initial area development fee for 3 Franchised Businesses you will own and operate plus the Start-Up Fee for the 1st Franchised Business you open. For each additional Franchised Business you open, your investment is an additional $44,500 you must pay the franchisor.
Veteran Incentives $1,500 off franchise fee
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