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Below is an in-depth analysis and side-by-side comparison of Colors On Parade vs Onsite Recon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $16,100 - $84,000 | $80,996 - $120,111 |
Franchise Fee | $2,500 - $5,000 | $22,500 |
Royalty Fee | 7-30% | No less than 9% |
Advertising Fee | 1% | 2% Nat'l 3% Local |
Year Founded | 1989 | - |
Year Franchised | 1991 | - |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Renewal Fee | Varies | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | On-The-Job Training: 112+ hours Classroom Training: 24 hours Additional Training: Ongoing technical training | 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 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 |
Franchise can be run from home. 20% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Franchising gives you all the advantages of business ownership plus support from an experienced company. And joining an industry leader like Colors On Parade only makes it better. Colors On Parade offers a variety of franchising opportunities based on your individual experience, investment capital and personal goals. Voted number one in franchisee financial satisfaction in a recent Success Magazine - Arthur Andersen poll, Colors On Parade is the industry leader in on-site Automotive finish repair.
Our on-going research and development and strategic alliance with Refinish Technologies Inc. provides you and affiliates exclusive use, gives you exclusive use of our cutting-edge technology as well as processes that are OSHA and EPA compliant - so you're ready for the market and the competition.
No finish repair experience is necessary. We will train you on our proven system and state-of-the-art techniques and processes - providing you with the foundation for long-term success.