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Below is an in-depth analysis and side-by-side comparison of Ready Decks vs PERMA-DRY Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $144,000 - $213,000 | $180,000 - And Up |
Franchise Fee | $29,000 | $18,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | - |
Year Founded | 2001 | 1980 |
Year Franchised | 2005 | 1990 |
Term Of Agreement | 10 years | 5 years +5 |
Term Of Agreement | 10 years | 5 years +5 |
Renewal Fee | $14500 | - |
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/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | Headquarters in Dartmouth, NS 2 Weeks |
Support | - | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.
NO LONGER FRANCHISING
Provision of services in the restoration of concrete surfaces and structures, using products and following a repair system prescribed and developed by the franchisor. These crack repair and concrete specialists are encouraged to expand and diversify their business in any area where concrete products are used or repairs are required.