|
Below is an in-depth analysis and side-by-side comparison of American Asphalt Sealcoating vs ABC Seamless including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $35,000 - $45,000 | $86,000 - $268,500 |
Franchise Fee | $15,000 | $12,000 |
Royalty Fee | 5-7% | 2%-5% |
Advertising Fee | - | 0.5% |
Year Founded | 1987 | 1973 |
Year Franchised | 1998 | 1978 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | Administrative costs | - |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | Yes/No | No/No |
Equipment | No/No | No/Yes |
Inventory | Yes/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks | Ad slicks |
Operations |
Franchise can be run from home. <10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 10 100% of current franchisees are owner/operators |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Founded by Gerald Beyers in 1973, ABC Seamless provides homeowners with seamless siding sales and installation. Originally a general remodeler, today the company offers steel siding, rain gutter and window installations. In 1995, Beyers was inducted into the North Dakota Entrepreneur Hall of Fame.