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Below is an in-depth analysis and side-by-side comparison of Creative Colors vs CARSTAR including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $179,125 - $266,650 | $298,200 - $804,300 |
Franchise Fee | $49,500 | $20,000 - $30,000 |
Royalty Fee | 7.5% | 1.5% |
Advertising Fee | 1% | 1% |
Year Founded | 1980 | 1989 |
Year Franchised | 1991 | 1989 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 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 | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 | On-The-Job Training: 12 hours Classroom Training: 20 hours Additional Training: Regional training, 1-2 days; Ongoing training at franchisee's location as needed |
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 | 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) | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 9 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
CARSTAR is a champion of the independent collision repair operators, consequently, CARSTAR is the largest automotive collision repair franchise in North America. The well publicized industry dynamitics: declining repair opportunities, acceleration in shops being de-selected from Insurance referral programs, excess repair capacity, increased competition from Multi-Shop Operators and Consolidators, and scarcity of skilled labor, has changed how the Independent Collision Repair Operator needs to conduct business. The CARSTAR Franchise program offers many solutions to these and other issues in which you and your business may be facing. We believe we are the champion for quality Independent shops, providing effective training solutions, staying involved in National and Local Industry Associations and developing sale and marketing programs to help our Franchisees compete in this turbulent market.