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Below is an in-depth analysis and side-by-side comparison of Growing Roots vs IronDrive including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,100 - $45,100 | $39,000 |
Franchise Fee | $15,000 | $20,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | 1% | 2% |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * > Customer Oriented * > Positive Attitude * > Passion for Quality |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | An extensive initial 5 day training at Headquarters and off-site. Before the initial training in Long Beach, CA, you will be sent a package with pre-training materials including manuals, DVD's and books to review in order to get you familiar with interior plantscaping. Training will consist of but not limited to, study materials on plant identification and proper care, hands-on lessons, nursery tours, business training and review of the expansive Operations Manual. | Franchisee attends new franchisee training program in Chandler, Az. |
Support | Access to on-going support for all of your questions and concerns via phone and e-mail. Franchisee's will also have the opportunity to attend franchisee meetings and training sessions in order to share ideas and thoughts that will strengthen the franchise system as a whole. We will also set-up franchisee meetings at Industry seminars and trade shows so we can take advantage of the time to learn and grow. | - |
Marketing | During the initial 5-day training we will cover marketing and advertising techniques as well as going over the marketing materials we utilize. You will be provided with some of the select marketing materials during training and the information for preferred printing vendors. As part of advertising, we will provide assistance in creating the proper signage for your specific vehicle with the Growing Roots logo using our preferred vendor or an approved local vendor. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.