|
Below is an in-depth analysis and side-by-side comparison of Creative Colors vs Christian Brothers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $179,125 - $266,650 | $454,250 - $582,400 |
Franchise Fee | $49,500 | $135,000 |
Royalty Fee | 7.5% | Varies |
Advertising Fee | 1% | $10K/yr. |
Year Founded | 1980 | 1962 |
Year Franchised | 1991 | 1996 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | up to 20% of current fee | - |
Business Experience Requirements |
||
Experience | Management and leadership background | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | 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 | Ongoing training and marketing support from the Home office On-The-Job Training: 115 hours Classroom Training: 204 hours |
Support | 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 | Ongoing marketing support from the Home office which includes: 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 | Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
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) | Number of Employees Required to Run: 8 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Our roots go back to 1982 in Houston, Texas, when Mark Carr founded
Christian Brothers Automotive with a mission to “love your neighbor as
yourself” (Matthew 22:39).
When we began our franchise program in 1996, this principle carried
forward as the guiding light for all our franchisees. Today, there are
over 160 Christian Brothers locations across 24 states and many more
coming soon.
We are proud to say that each of our franchisees operates their business
with the deep-seated knowledge that if we treat each other right, we’ll
have happy customers - and that’s how we’ll succeed financially. In our 24+
years of franchising we’ve never closed a location and are proud to
continue that legacy in years to come.