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Below is an in-depth analysis and side-by-side comparison of COIT Services vs Bio-One Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $34,248 - $197,345 | $85,545 - $133,545 |
Franchise Fee | $24,000 - $40,000 | $35,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1950 | 2008 |
Year Franchised | 1962 | 2011 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Our ideal candidate needs to have the drive to really want to succeed. They must have compassion for others and be willing to learn in a constant evolving industry. Someone that has worked for a restoration company or has a civil service background such as police, fire, EMT or paramedic. We also like people that might have a background in construction or with a contractor's license. Minimum 85K to invest. Lastly, they have to be willing to do this full time; no part time owners here. No experience necessary. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | 1 week at our training center(s) in Vegas or STL and Hometown training for 1 week On-The-Job Training: 20 hours Classroom Training: 40 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development |
Operations | Franchise can be run from home. Absentee ownership of franchise is NOT allowed.. | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Bio-One Inc. is the first and only successful crime & trauma scene clean-up franchise. Due to our knowledge of the industry, Bio-One Inc. is the leader in bio-recovery world wide. Bio-One's marketing campaigns are industry specific, innovative and have proven successful for years.