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Below is an in-depth analysis and side-by-side comparison of MARS vs Touch Up Guys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,000 | $77,000 - $291,500 |
Franchise Fee | $15,000 | $30,000 - $45,000 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1987 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | 1/2 of current franchise 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/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet | - |
Marketing | Ad slicks, National media | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Customers are keeping their vehicles longer with the slowdown in new car sale. This turn in the economy positions Touch Up Guys to service the customers direct at their home or place of business. Americans still have a love affair with their cars and we're here to help. The low overhead without the high cost of renting a "body shop" and incurring the expenses of a large operation is a plus to an efficient business. To expand with Touch Up Guys you just lease another fully equipped van and add a technician. What do you as a franchisee get? * Performing excellent service on retail customers automobiles at their home * 4 Hour service in most cases * Proprietary POS system * Superior Paint System & Products * EPA COMPLIANT HAPS 6 Certified Trainer * Our Active Marketing Program * Our Brand � Including our Name, Logo, and Vans!