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Updated RecentlyTechZone Airbag Service vs CarX Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of TechZone Airbag Service vs CarX including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $51,500 - $110,400 | $262,000 - $413,500 |
| Franchise Fee | $15,000 - $35,000 | $25,000 |
| Royalty Fee | 8.5%+marketing fee 2% | 5% |
| Advertising Fee | - | 5% |
| Year Founded | 1992 | 1971 |
| Year Franchised | 1994 | 1971 |
| Term Of Agreement | 10 years | 15 years |
| Term Of Agreement | 10 years | 15 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/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, Toll-free phone line, Internet, 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. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About TechZone Airbag Service
In the early '90s, engineer Douglas C. Hansen was working for an aerospace firm developing airbag inflators. He discovered there was a lack of understanding regarding airbag systems'how they worked, how they should be handled and how they should be repaired.
Propelled by that discovery and recent legislation that required all cars to be equipped with driver and passenger airbags, Hansen and his wife, Victoria, founded Airbag Service. Franchisees work with repair shops and consumers in testing, maintaining and replacing airbags.
The company has co-branding relationships with Novus and Apple Auto Glass.
About CarX
When you join the Car-X program, you become a Car-X franchisee - an independent entrepreneur with access to the expertise of a firmly established chain. You have the freedom to run your own business while sharing the resources of a proven franchise. With over 30 years experience, we have a network of successful franchisees and we pass along that cumulative knowledge and expertise to you. Nonetheless, it’s up to you to turn the power of our name and our systems of doing business into a successful operation.