Canadian Tire vs True Value Franchise Comparison

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

Start-Up Costs and Fees
 
Canadian Tire Franchise
True Value Franchise
Investment $125,000 - And Up$44,550 - $987,050
Franchise Fee N/A$9,500
Royalty Fee --
Advertising Fee --
Year Founded 19221910
Year Franchised 19341985
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Canadian Tire Franchise
True Value Franchise
Experience --

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

Training & Support
 
Canadian Tire Franchise
True Value Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Canadian Tire Franchise
True Value 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 True Value

True Value became the first national co-op to focus on the profit potential of the rental industry with the acquisition of our rental division in 1984, True Value became the first USA co-op to focus on the profit potential of the rental industry.
As an independent owner we offered rental dealers substantial buying power and  a licensed program with more benefits than were offered by single groups within the industry.

Taylor Rental Center and Grand Rental Station are registered trademarks of the True Value Company. Each of these freestanding rental operations offer unique merchandising concepts. Their progressive programs have been developed using industry best practices that set the benchmark for excellence. As a leader in the general equipment rental industry, True Value Rental has a positive vision of the future. We strive to enhance and expand the value of each rental location by establishing a culture and operational system committed to offering superior products and outstanding customer service. 

The total investment necessary to begin operation of a True Value Rental rental store franchise is $545,000 to $987,050 for a new franchise and $44,550 to $597,050 for a conversion franchise. This includes between $403,550 and $707,300 that must be paid to the franchisor or an affiliate if it is a new franchise and $3,550 to $407,300 if it is a conversion franchise.