Canadian Tire vs CarX Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Canadian Tire vs CarX including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Canadian Tire Franchise
CarX Franchise
Investment $125,000 - And Up$262,000 - $413,500
Franchise Fee N/A$25,000
Royalty Fee -5%
Advertising Fee -5%
Year Founded 19221971
Year Franchised 19341971
Term Of Agreement -15 years
Term Of Agreement -15 years
Renewal Fee --


Business Experience Requirements
 
Canadian Tire Franchise
CarX Franchise
Experience --

Financing Options
 
Canadian Tire Franchise
CarX Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Canadian Tire Franchise
CarX Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Canadian Tire Franchise
CarX Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Canadian Tire

Canadian Tire Corporation, Limited - the country's most shopped retailer - offers a unique mix of products and services through the leadership of three specialty stores under one roof - Automotive, Sports and Leisure, and Home Products. With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.

You will immediately benefit from proven business systems which include commissions and allowances to help cover initial costs of operation.
You will also take part in a 2 week hands-on Training Program that covers everything you will need to know moving forward to manage the business.

Add participation in one of Canada’s most popular loyalty program, and marketing support from Home Office on an ongoing basis, and you will be ahead of the competition from the very start.


"Top
#21 in Canada's Top franchises.

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.