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Below is an in-depth analysis and side-by-side comparison of Maintenance Made Simple vs IronDrive including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,300 - $64,800 | $39,000 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2003 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * > Customer Oriented * > Positive Attitude * > Passion for Quality |
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/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Franchisee attends new franchisee training program in Chandler, Az. |
Support | Newsletter, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Most of us already instinctively know what we spent over a year researching; specifically, that homeowners just aren't happy with home improvement companies. That's why Maintenance Made Simple was founded on the belief that home improvement shouldn't entail no-show repairmen, arbitrary pricing schemes, consistently dissatisfying experiences and a permeating absence of professionalism. We've built a new home maintenance industry from the ground up, with customer service, prompt service calls, reliable work and reasonable rates as our calling cards. And, surprisingly enough, it caught on fast. Now, Maintenance Made Simple is one of the fastest growing franchise systems in the home repair and remodeling industry. In fact, Entrepreneur Magazine just named the company as one of the top 500 franchises of 2008. Of course, with all this growth comes the need for quality franchisee candidates to carry on Maintenance Made Simple's tradition of excellence in home maintenance and repair. Which is why we're looking for entrepreneurial visionaries like you. Expand Your Network In areas that are franchised, Maintenance Made Simple develops strategic alliances with qualified contractors in every aspect of the home repair and remodeling industry.
IronDrive specializes in garage floor coverings and much more. IronDrive gives you the opportunity to install high-quality siding for residential garages and many commercial siding applications. Your product is easy to apply - a two-car garage can be fully coated in as little as six hours!
The market for this product is practically untapped. IronDrive reports that a high percentage of garage floors in the United States are bare concrete. More and more garages are becoming second "man cave” or simply lining so oil spills and dirt can be cleaned up quickly.
An investment for this relatively low cost franchise of $ 39,000 makes this a very attractive opportunity. This gives you the opportunity to be your own boss and run your own company. Very low inventory is also required. The company claims that it is a "turnkey” operation, but does not mention any means of developing an Internet presence. For a fraction of the franchise price, you can learn how to effectively market your IronDrive business on the Internet. You simply need some internet marketing, mentoring, and coaching and training to help you jump-start your new business. You are obviously reading this on the internet, and as a business owner you must also learn how to market on the internet.