|
Below is an in-depth analysis and side-by-side comparison of KCS Applications vs ABC Seamless including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $15,500 | $86,000 - $268,500 |
Franchise Fee | $15,000 | $12,000 |
Royalty Fee | $350/yr. | 2%-5% |
Advertising Fee | - | 0.5% |
Year Founded | 1992 | 1973 |
Year Franchised | 1994 | 1978 |
Term Of Agreement | 3 years | 10 years |
Term Of Agreement | 3 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | - | Ad slicks |
Operations |
Franchise can be run from home. 1% of all franchisees own more than one unit
Absentee ownership of franchise is NOT 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 | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Started in 1992, KCS Applications Inc. specializes in acrylic asphalt sealing. Based in Hastings, New York, it began franchising two years later.
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.