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Below is an in-depth analysis and side-by-side comparison of American Asphalt Sealcoating vs Surface Specialists 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 | $43,200 - $56,000 |
Franchise Fee | $15,000 | $36,000 |
Royalty Fee | 5-7% | 5% |
Advertising Fee | - | - |
Year Founded | 1987 | 1981 |
Year Franchised | 1998 | 1982 |
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 | - | On-The-Job Training: 57-73 hours Classroom Training: 23 hours Follow-up training available at franchisee's location |
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 Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks | Ad Templates Social media SEO Website development |
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. 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | No |
Wayne McClosky established Surface Specialists in 1981, building up the establishment model in Colorado Springs, Colorado. To start with the family-claimed organization offered just insignificant repair administrations for plastic cover ledges and fiberglass and porcelain shower surfaces, however it soon extended to incorporate resurfacing administrations for marble sinks and vanity tops. It started diversifying in 1982 and is presently situated in Matthews, North Carolina.
Our establishments have been pioneers in the bath and kitchen repair industry for more than 30 years and speak to more than 80 bath makers the nation over for their guarantee repairs. What began as a business to repair blazes in ledges has extended throughout the years to end up distinctly one of the countries biggest establishments offering bath and kitchen repair and revamping. Surface Specialists establishments additionally offer a bigger number of choices and value focuses to clients than whatever other single reclamation establishment.