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Below is an in-depth analysis and side-by-side comparison of Bath Fitter vs Ready Decks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $120,000 - $175,000 | $144,000 - $213,000 |
Franchise Fee | $30,000 | $29,000 |
Royalty Fee | 0 | 5% |
Advertising Fee | - | - |
Year Founded | 1984 | 2001 |
Year Franchised | 1992 | 2005 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | $14500 |
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/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 3 - 4
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: 2 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.