Woody's Wood Shops vs IronDrive Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Woody's Wood Shops vs IronDrive including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Woody's Wood Shops Franchise
IronDrive Franchise
Investment $85,000 - $185,000$39,000
Franchise Fee $22,000$20,000
Royalty Fee 6%6%
Advertising Fee 2%2%
Year Founded 1978-
Year Franchised 1980-
Term Of Agreement 15 years +15-
Term Of Agreement 15 years +15-
Renewal Fee --


Business Experience Requirements

 
Woody's Wood Shops Franchise
IronDrive Franchise
Experience - * > Customer Oriented * > Positive Attitude * > Passion for Quality

Financing Options

 
Woody's Wood Shops Franchise
IronDrive Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Woody's Wood Shops Franchise
IronDrive Franchise
Training
  • 1. Headquarters 3 Weeks
  • 2. On-Site 2 Weeks
  • Franchisee attends new franchisee training program in Chandler, Az.
    Support
  • Central Data Processing
  • Field Operation Evaluation
  • Field Training
  • Franchisee Newsletter: At Additional Cost
  • Regional or National Meetings
  • 800 Telephone Hotline: At Additional Cost
  • -
    Marketing --
    Operations Average Number of Employees: 1 Full-time, 4 Part-time

    Passive Ownership: Allowed, But Discouraged

    -

    Expansion Plans

     
    Woody's Wood Shops Franchise
    IronDrive Franchise
    US Expansion Yes-
    Canada Expansion Yes-
    International Expansion --

    Company Overviews

    About Woody's Wood Shops

    WOODY'S WOOD SHOPS offer instruction and use of virtually all shop tools in a fully outfitted wood shop. After detailed instruction and testing, members have full use of shop and related facilities. Open 15 hours/day, 7 days/week. Also sell small tools and all power equipment at cost plus 5%. Members pay front-end fees plus dues.

    About IronDrive

    Do you want to be excited about going into work each day - and not have to sit in front of a computer for eight hours at a time? Would you like to see your hard work impact your own bottom line instead of your employer's? Do you want to choose the people you work side-by-side with every day? Would you like to have the flexibility to set your own schedule and sleep in your own bed every night? Would you enjoy standing back at the end of the day and see the tangible fruits of your labors? Do you love doing what you think is right instead of what others are telling you to do? Can you imagine wearing shorts to work every day? Did you say "yes" to virtually every question? CONGRATULATIONS! You have passed our quiz. We're glad you've found us! An IronDrive franchise can help you achieve many of your personal goals. We give you the freedom to run your own business, but with a supportive community of people doing the same thing, a proven business model and a national brand. We often hear from candidates that they are attracted to IronDrive because they can be in business for themselves, but not by themselves.

    IronDrive specializes in garage floor coverings and much more. IronDrive gives you the opportunity to install high-quality siding for residential garages and many commercial siding applications. Your product is easy to apply - a two-car garage can be fully coated in as little as six hours!

    The market for this product is practically untapped. IronDrive reports that a high percentage of garage floors in the United States are bare concrete. More and more garages are becoming second "man cave” or simply lining so oil spills and dirt can be cleaned up quickly.

    An investment for this relatively low cost franchise of $ 39,000 makes this a very attractive opportunity. This gives you the opportunity to be your own boss and run your own company. Very low inventory is also required. The company claims that it is a "turnkey” operation, but does not mention any means of developing an Internet presence. For a fraction of the franchise price, you can learn how to effectively market your IronDrive business on the Internet. You simply need some internet marketing, mentoring, and coaching and training to help you jump-start your new business. You are obviously reading this on the internet, and as a business owner you must also learn how to market on the internet.