|
Below is an in-depth analysis and side-by-side comparison of KCS Applications vs PatchMaster including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $15,500 | $27,950 - $49,800 |
Franchise Fee | $15,000 | $19,500 |
Royalty Fee | $350/yr. | 9%-5% |
Advertising Fee | - | 1% |
Year Founded | 1992 | 2016 |
Year Franchised | 1994 | 2017 |
Term Of Agreement | 3 years | - |
Term Of Agreement | 3 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | - | - |
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) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Started in 1992, KCS Applications Inc. specializes in acrylic asphalt sealing. Based in Hastings, New York, it began franchising two years later.