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Below is an in-depth analysis and side-by-side comparison of Kitchen Tune-Up vs IdeaVision including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $94,973 - $129,077 | $12,400 |
Franchise Fee | $72,000 | N/A |
Royalty Fee | 7%-2% | - |
Advertising Fee | 1% | - |
Year Founded | 1986 | - |
Year Franchised | 1988 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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 | No/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | Yes/No | -/- |
Inventory | Yes/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 92 hours Additional Training: Online pre-training/post-training webinars | - |
Support | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Dave Haglund began a cabinet distributorship in 1975 and found his market niche while visiting a customer's home in 1986. Noticing that the 6-year-old kitchen was starting to look a little run-down, but wasn't ready to be remodeled, he offered to touch up some of the worn areas. When the customer was thrilled with the results, Haglund realized the market potential of this concept. After years of testing and perfecting his process of restoring interior wood surfaces, Haglund began franchising in 1989. There are now Kitchen Tune-Up franchises throughout North America. Both retail and homebased franchises are available. Franchisees offer wood restoration and repair for both residential and commercial customers, as well as finish recoating, door replacement and a branded line of custom cabinets. In addition, franchisees may offer shelf lining, replacement hardware, cabinet organizing accessories, and wood care and maintenance.
Your investment in the Visionair Builder represents an opportunity to quickly start a visualization business that required years of effort and major financial outlays to develop. Consider the advantage of teaming with IdeaVision, a company devoted exclusively to developing the Visionair Builder business concept since 1993. Our business owners have the vision to leverage off a defined capability in order to capitalize on the tremendous growth potential of this innovative visualization concept. The price of the business is $12,400, offered via a simple licensing arrangement. Licensing is a more flexible and much less expensive approach than franchising. The relatively low investment level opens up many financing options, including a payment plan available from IdeaVision. Your total start-up cost is not much more. You should budget for computer upgrades (if necessary) and an additional $1,000-2,000 to kick off your initial advertising campaigns. It's hard to come by a comprehensive business that's more affordable to start and operate: * One-time license fee with no royalty charges * Professional rate of return on your time * Low overhead and operating expenses * No employees to pay or manage * No inventory and minimal equipment requirements * Ongoing business development is included. Imagine all the potential applications... 1. New Construction * Home Building * Storefronts * Office buildings * Clubhouses * Entrances 2. Landscaping * Tree, shrub, flower selection * Color and texture coordination * Growth analysis * Sidewalks, patios, driveways * Fences, walls, trellises 3. Remodeling * Room and garage additions * Exterior and interior painting * Siding and roofing upgrades * New windows and door systems * Wallpaper and flooring To find out if your location is available or to ask questions, call IdeaVision at 407-343-5020 or contact us at http://www.ideavisn.com/pages/contact.htm to complete the information request form.