| ||||
Updated RecentlyChemstation vs Lord & Partners Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Chemstation vs Lord & Partners including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $324,000 - $441,500 | $200,000 |
| Franchise Fee | $50,000 | $50,000 |
| Royalty Fee | 4% | 0% |
| Advertising Fee | to 1% | 0% |
| Year Founded | 1965 | 1990 |
| Year Franchised | 1983 | 2005 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-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 |
||
| Training | On-The-Job Training: 40 hours Classroom Training: 20 hours | - |
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
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.
About Lord & Partners
Lord & Partners Ltd. is a leading manufacturer and supplier of environmentally responsible solvents, cleaners and specialty products which are Non WHMIS and Non Regulated (USA). Our products can be used in a variety of industries and settings including Automotive, Aviation, Government, Energy, Institutions, Marine, Mining, Manufacturing, Pulp and Paper and Transportation and they are guaranteed to perform as directed. Lord & Partners is an exciting and unique business to business franchise network serving a growing $30 billion market in representing Canadian manufactured environmentally responsible solutions that replace hazardous traditional chemicals in the workplace and reduce environmental aspects and impacts on the community. Franchisees receive comprehensive training on the proven proprietary business, marketing systems, a demo "showroom on wheels" with on going support for a protected territory.