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Below is an in-depth analysis and side-by-side comparison of Steamatic vs The Driveway Doctor including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $114,411 - $195,561 | N/A |
Franchise Fee | $50,000 | N/A |
Royalty Fee | 8%-2% | - |
Advertising Fee | - | - |
Year Founded | 1948 | 2002 |
Year Franchised | 1967 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 17 hours Classroom Training: 63 hours Additional Training: At regional training centers | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; Number of employees needed to run franchised unit: 6 - 10
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 | - |
International Expansion | Yes | - |
The Driveway Doctor business was originally established in 2002 as a franchisee operation. Following a re-structure some time ago, each Area Branch is now independently owned, and independently operated.
The revised structure has allowed each owner to reduce operating costs, whilst maintaining the brand image, thereby increasing our competitiveness for our clients.