Chemstation vs PartSource Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Chemstation vs PartSource including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Chemstation Franchise
PartSource Franchise
Investment $324,000 - $441,500$50,000
Franchise Fee $50,000$30,000
Royalty Fee 4%-
Advertising Fee to 1%-
Year Founded 19651996
Year Franchised 1983-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Chemstation Franchise
PartSource Franchise
Experience
  • Marketing skills
  • -

    Financing Options

     
    Chemstation Franchise
    PartSource Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment Yes/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Chemstation Franchise
    PartSource Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 20 hours $10k + GST
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Field Operations Site Selection Proprietary Software -
    Marketing Social media Website development -
    Operations 2% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Chemstation Franchise
    PartSource Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Chemstation

    In the early '80s, George Homan's Dayton, Ohio, distribution company was suffering from the impact of the recession. To combat this, the company began manufacturing its own detergent formulas, delivering the detergent to industrial customers in refillable containers. Chemstation customers receive free containers that franchisees refill. Franchisees handle all receiving, storing, disposing and rendering of the detergent for their customers.

    Seeking new USA units in Midwest, Northeast, South, Southeast, Southwest, West; also Canada, Eastern Europe, Mexico, Western Europe 

    #211 in Franchise 500 for 2020.

    About PartSource

    Our mission is to be the most recommended auto parts specialty store in Canada. We service do-it-yourselfers and professional commercial installers. We supply nationally branded parts. We provide training and ongoing professional support. PartSource, the newest venture of Canadian Tire. Come grow with us.