| ||||
Updated RecentlyAlta Mere Toys for your Car vs Alloy Wheel Repair Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Alta Mere Toys for your Car vs Alloy Wheel Repair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $134,100 - $166,882 | $63,700 - $133,500 |
| Franchise Fee | $30,000 | $35,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | $100/mo. | - |
| Year Founded | 1986 | 1985 |
| Year Franchised | 1993 | 2000 |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | $2.5K | $2000 |
Business Experience Requirements |
||
| Experience | Net worth requirement: $50K-250K
Cash liquidity requirement: $10K
Business Experience:
* General business experience
* Marketing skills |
|
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 3-5 days |
| Support | Unsurpassed Franchisor Support * Assistance provided in screening & hiring employees * Site selection assistance provided, including lease negotiations if needed * Outstanding vendor programs with private label products for window tinting and security lines * Excellent training program that includes 2 weeks of field training & oneweek of classroom * Timeline process to ensure that all pre-opening issues are completed * Store opening assistance | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | * Co-op advertising * Ad slicks * National media * Regional advertising |
| Operations |
Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | * Franchise can be run from home
* 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is NOT allowed. (85% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Alta Mere Toys for your Car
Alta Mere's mission is to create customer experiences that will result in satisfaction and loyalty. We want your decisions in window tinting, security, video, GPS and paint protection to be enjoyable. We provide the knowledge, service and loyalty that you deserve when making important decisions regarding parts and accessories for your vehicle. Since the early 1900's, the auto industry has been driving North America. Every year, record numbers of new products and technologies become available. Our vehicles have become more advanced, more luxurious, more high-tech than we could have imagined. Through their very existence, automakers have created a vast aftermarket economy that supports and maintains consumer needs to have existing and new vehicles tweaked, repaired and enhanced. This aftermarket economy addresses what the consumer wants from a bug shields to tinted windows to DVD viewing head rest systems. Alta Mere Industries, Inc. occupies a strategic position in the automotive aftermarket by providing our customers with the best products, service and professional installation available.
About Alloy Wheel Repair
Join the world's largest mobile wheel repair company. Alloy Wheel Repair Specialists (AWRS) is the largest company of its kind in the world (over 300 operating units). We are looking for Leaders who want to take advantage of this ground floor opportunity. As a franchisee you will build equity and make a tremendous income participating in this blossoming industry. You must have the desire to build a team and lead them to the domination of your local market.