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Below is an in-depth analysis and side-by-side comparison of Manufacturing Management Associates vs FranchiseMart including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,000 | $105,000 - $110,000 |
Franchise Fee | $10,000 - $15,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1982 | 2008 |
Year Franchised | 1990 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | To be determined | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Founded in 1982, Manufacturing Management Associates' franchisees offer manufacturing consulting for small- to medium-sized companies including quality management, management advisory, information systems, performance improvement and engineering and technology development services.
FranchiseMart is the first business of its kind to match people looking for franchise opportunities with franchise companies through a convenient retail location, much like having a local trade show set up permanently. Trends towards small business ownership and corporate downsizing are growing rapidly, and with that, so are franchises. As someone interested in owning their own business, you know first hand how difficult and costly it is to filter through all of the franchise opportunities and it's hard to know where to go to find the right fit...until FranchiseMart.