| ||||
Updated RecentlyMARS vs ChipsAway Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MARS vs ChipsAway including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $49,000 | $45,000 - $70,000 |
| Franchise Fee | $15,000 | $45,000 |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1994 |
| Year Franchised | 1998 | 0 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | 1/2 of current franchise fee | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| Training | - | Technically, the ChipsAway System is easy to learn ; you will be painting cars to a commercial standard within a few days! ChipsAway ensures franchisees are up and running in the shortest time possible. We have developed a comprehensive three week training programme which is backed up by a hands-on, highly targeted launch module, using the resources of experienced staff and franchisees. In no time at all your business is up and running will immediate cashflow. |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Each franchisee has their own designated member of the Franchise Support team who mentors them for as long as required. |
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About MARS
NO LONGER FRANCHISING
About ChipsAway
ChipsAway is the world's leading SMART repairer. Established in 1994, ChipsAway now has a worldwide network of more than 500 skilled professionals. Repairs carried out with the unique ChipsAway system are of the highest quality, preserve the integrity of the car's original paintwork and therefore its value. It is no surprise that ChipsAway franchisees regularly carry out work in the motor trade for premier brands such as Mercedes, Audi, Ferrari, BMW and Porsche.