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Updated RecentlySTEARCLEAR vs Park Select Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of STEARCLEAR vs Park Select including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $53,400 - $143,050 | $55,000 - And Up |
| Franchise Fee | $37,500 - $93,750 | $40,000 |
| Royalty Fee | 20% | 10% - 6% |
| Advertising Fee | - | 1% |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 5 years |
| Renewal Fee | - | - |
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/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Training: Each franchisee goes through STEARCLEAR's exclusive 3 Day Training Academy where you will learn critical skills to run your business including: Administrative: - finances, accounting, payroll, reporting, regulatory compliance, iPad Franchisee Software Service Operations/Staff Management: Health & safety, programs, protocols, services, recruitment, hiring, training, policies, scheduling Sales & Marketing: Includes customer service, community relations and public relations | Our comprehensive training program covers every aspect of owning and operating a Park Select franchise. You, any designated manager and up to two assistants will be supplied with the systems and tools that you will use to make your Park Select franchise a success. The step-by-step, in depth training will be administered by the very people that designed those systems and tools, our Park Select Training Team! Training at Park Select Franchising Opportunities headquarters in Wilmington, NC will last for one to two weeks, depending on the level of instruction needed in areas such as business organization or familiarity with the office software programs commonly used by Park Select. |
| Support | - | Our Park Select Training Team and our Park Select Office Support Team will be there every step of the way! After your initial training at corporate headquarters, the Park Select Training Team will come to your territory for on-site training. Your field training will include helping you to establish your new accounts� assisting you as you set up and operate your Park Select office, and, of course, preparing you for a successful grand opening! Every territory and every franchisee is different; therefore, there is no pre-determined length of time for on-site training, though you can expect this period to last at least one to two weeks. And once your on-site field training is complete, ongoing training and support is only a phone call away. As your Park Select business grows, our corporate team will be there to help. From offering training for new staff members and management team members to assistance and advice on daily operations, Park Select franchisees are in business for themselves, but NEVER by themselves! |
| Marketing | Customer service, community relations and public relations | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About STEARCLEAR
STEARCLEAR has taken franchising to the next level with a "franchise in a box" approach, providing everything a franchisee needs to run their business through an advanced iPad application. STEARCLEAR is a unique designated driver service that connects customers with local drive teams through a smartphone app. For a fee, the drive teams get both the customer and their car home safely. The company is backed by a $500,000 initial round of funding and announced yesterday that it has begun selling franchises across the United States for its smartphone enabled service. The press release is below my signature line. Designated driver services are not new, in fact there are thousands of independent services offer across the country. The founders of STEARCLEAR saw an opportunity in the market to streamline this very labor intensive and inefficient business model by combining smart phone and GPS technology with their knowledge of high-volume transactional systems to create a turn-key, fully automated business opportunity. What does the STEARCLEAR Franchise iPad App do? Pretty much everything a Franchisee needs to do to run their business. With it, the franchises don't have to process credit cards, handle paying employees or doing their tax reporting; they don't have to hire HR staff to ensure compliance with U.S. employment law, or worry with insurance and liability protections. StearClear also handles vetting the drivers, handling background checks, criminal and sexual predator checks, driving record checks, and even drug tests. STEARCLEAR has taken out much of the headaches of owning a business, simplified the process and provides a unique, beneficial service that is in demand.
About Park Select
Park Select was established over ten years ago with a simple philosophy in mind - Why should parking lot owners pay to protect their lots from parking violators? Park Select's customer-specific, parking lot solutions are proven to alleviate parking lot abuse - and at little or no cost to our client, the lot owner! Park Select's unique business model ensures that the parking violator bears the burden of that cost! Park Select 003 What can a Park Select franchise do for property owners in your area? Generate Revenue Improve Functionality Eliminate Unnecessary Cost Until Park Select, property and business owners were forced to spend hundreds, even thousands, keeping unwanted cars out of their lots - contracting expensive security companies, hiring their own attendants to stop parking violators or installing costly equipment . Park Select Franchising Opportunities is changing all that, by equipping a new generation of business men and women with Park Select's innovative and proven systems and tools! We are proud of Park Select's success story and excited for the future of Park Select and the future opportunities of our Park Select franchisees. Perhaps that's you.