|
Below is an in-depth analysis and side-by-side comparison of Maaco Auto Painting & Bodyworks vs Onsite Recon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $297,313 - $587,860 | $80,996 - $120,111 |
Franchise Fee | $40,000 | $22,500 |
Royalty Fee | 9% | No less than 9% |
Advertising Fee | $1K/wk. | 2% Nat'l 3% Local |
Year Founded | 1972 | - |
Year Franchised | 1972 | - |
Term Of Agreement | 15 years | 5 years +5+5+5 |
Term Of Agreement | 15 years | 5 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | You don�t need to have specific experience in the auto repair industry to become a franchise owner with Onsite Recon. We look for people who are motivated, optimistic, and who have some general business experience. Some background in customer service or sales would also be helpful for building relationships with customers in your territory. We also prefer franchise owners who will be directly involved in the operations and growth of their Onsite Recon franchises. We expect that franchisees have the right amount of capital to invest in the business. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | 4 weeks of hands-on training is provided to new franchise owners at our Corporate Headquarters, located in Charlotte, NC. Franchisees will receive instruction on sales, management, production and customer service procedures during this time. Upon opening, three weeks of on-the-job training will be provided by your regional trainer. The support team will also assistance with hiring and training new employees. Your local fleet director will provide assistance in developing local trade and fleet accounts. Six to 12 months of new MAACO center development oversight and ongoing training and development will be continuously provided. You will also have access to over 2,000 hours of online training support. On an ongoing basis, the Maaco franchise system provides the benefits of an all-encompassing business system that helps manage KPI's, inventory, and payroll. On-The-Job Training: 12 hours Classroom Training: 64 hours Additional Training: Continual support | We will provide you with up to 20 days of pre-opening, corporate-based training to you as the franchise owner and one other individual you designate. We will also provide you with up to four days of on-site training within 60 days of commencement of operations, to assist with marketing, sales strategies, providing services, and more, to ensure that you are up and running, and following our prescribed standards of operation. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | You will have access to all Onsite Recon's exclusive trademarks, equipment, products and procedures. We'll also present you with a copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Number of employees needed to run franchised unit: 7 - 8
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 | Yes | - |