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Below is an in-depth analysis and side-by-side comparison of American Asphalt Sealcoating vs Kitchen Solvers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,000 - $45,000 | $88,031 - $113,292 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | 5-7% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1987 | 1982 |
Year Franchised | 1998 | 1984 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | Administrative costs | - |
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/No | Yes/No |
Start-up Costs | Yes/No | No/No |
Equipment | No/No | No/No |
Inventory | Yes/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Classroom Training: 10 days |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations |
Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising |
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. 56% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Kitchen Solvers franchisees provide custom and pre-built cabinetry, custom countertops, solid surfaces and kitchen accessories. Franchisees can also expand services to include cabinet, countertop and appliance recoloring, cabinet/wood restoration and cabinet reconditioning. Current franchisees and independent kitchen cabinet refacing businesses can acquire a Kitchen Solvers franchise for a reduced initial franchise fee.