|
Below is an in-depth analysis and side-by-side comparison of Dry-B-Lo vs ABC Seamless including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $65,700 - $147,500 | $86,000 - $268,500 |
Franchise Fee | $15,000 - $25,000 | $12,000 |
Royalty Fee | 7.5% | 2%-5% |
Advertising Fee | - | 0.5% |
Year Founded | 1993 | 1973 |
Year Franchised | 1997 | 1978 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 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/Yes | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks |
Operations |
Franchise can be run from home. 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
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 |
Canada Expansion | No | No |
International Expansion | No | No |
Grant Moore's family had spent a lot of time and money building a deck and pouring concrete underneath it, but the area below was useless whenever it rained because water poured in. Moore knew there must be a way to keep the space below the deck dry. After working with an engineering firm for two years, Moore developed a drainage system that would not leak or collect debris. He filed patents and in 1993 founded Dry-B-Lo International Inc. to install his patented system of channels. This system, which is installed below a raised deck, helps convert a wet, unusable space into a dry, outdoor living space.
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.