|
Below is an in-depth analysis and side-by-side comparison of UBuildIt vs Bath Fitter including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $113,500 - $223,800 | $120,000 - $175,000 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | $1,000 monthly | 0 |
Advertising Fee | - | - |
Year Founded | 1988 | 1984 |
Year Franchised | 1998 | 1992 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | $10K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | Available at headquarters: 1 week | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Annual convention | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, Regional advertising, Marketing creatives | Ad slicks |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Prosper in construction consulting while reducing your workload and
liability. By adding the UBuildIt consulting system to your business,
you will find an easier way to build homes and regain extra time and
money in the process. Instead of contracting to build; you are coaching
homeowners. You’re offering a service that allows you to diversify and
stand out from the pack! You’re using first-class marketing materials,
Internet tools, and a complete business system backed with professional
support. Imagine taking less risk - and having more time to golf, swim,
and see your kids.
In 1984 Bath Fitter created its first bathtub liner, an acrylic bathtub that fit over an existing tub. The company soon added one-piece acrylic bath walls and accessories to its product line.
Bath Fitter franchisees now also install accessories such as soap dishes, towel racks and shelves.
Liners are made to measure, fitting around existing plumbing fixtures. Walls can be installed to cover existing tile.