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Below is an in-depth analysis and side-by-side comparison of Proforma vs Munster Tool including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,030 - $59,695 | $30,000 - $50,000 |
Franchise Fee | $34,500 | N/A |
Royalty Fee | 5-8% | - |
Advertising Fee | 0.25% -1% | - |
Year Founded | 1978 | 1980 |
Year Franchised | 1986 | 1980 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Proforma is seeking individuals with good marketing, relationship building and sales skills. Industry knowledge or background is not necessary as product knowledge is taught during our training program. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | Yes/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Proforma Franchise Owners are provided with comprehensive training, proven marketing and sales techniques, and business development tools at Proforma's Success University, in an excellent week-long training program at the Worldwide Support Center in Cleveland, Ohio. Classroom Training: 25 hours Additional Training: At regional/annual convention | - |
Support | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Proprietary Software Franchisee Intranet Platform | - |
Marketing | - | - |
Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Established in 1980, Munster Tool Co supplies top quality clothing, tools and equipment to
workshops in the automotive, agricultural, plant hire, transport, HGV
and allied industries in 32 countries
Munster Tool Co. operates from a modern computerised administration centre and warehouse in Mallow and our fleet of vans support our growing list of customers.
Our franchise is a proven business concept with a very strong Market share, Brand Awareness, Quality products and Exceptional customer service.