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Below is an in-depth analysis and side-by-side comparison of IdeaVision vs Garage Living including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $12,400 | $236,750 - $313,500 |
Franchise Fee | N/A | $60,000 |
Royalty Fee | - | 6.5% |
Advertising Fee | - | 6% Local + 2% Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | 5 years +5+5+5 |
Term Of Agreement | - | 5 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. |
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 | - | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
Support | - | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
Marketing | - | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Your investment in the Visionair Builder represents an opportunity to quickly start a visualization business that required years of effort and major financial outlays to develop. Consider the advantage of teaming with IdeaVision, a company devoted exclusively to developing the Visionair Builder business concept since 1993. Our business owners have the vision to leverage off a defined capability in order to capitalize on the tremendous growth potential of this innovative visualization concept. The price of the business is $12,400, offered via a simple licensing arrangement. Licensing is a more flexible and much less expensive approach than franchising. The relatively low investment level opens up many financing options, including a payment plan available from IdeaVision. Your total start-up cost is not much more. You should budget for computer upgrades (if necessary) and an additional $1,000-2,000 to kick off your initial advertising campaigns. It's hard to come by a comprehensive business that's more affordable to start and operate: * One-time license fee with no royalty charges * Professional rate of return on your time * Low overhead and operating expenses * No employees to pay or manage * No inventory and minimal equipment requirements * Ongoing business development is included. Imagine all the potential applications... 1. New Construction * Home Building * Storefronts * Office buildings * Clubhouses * Entrances 2. Landscaping * Tree, shrub, flower selection * Color and texture coordination * Growth analysis * Sidewalks, patios, driveways * Fences, walls, trellises 3. Remodeling * Room and garage additions * Exterior and interior painting * Siding and roofing upgrades * New windows and door systems * Wallpaper and flooring To find out if your location is available or to ask questions, call IdeaVision at 407-343-5020 or contact us at http://www.ideavisn.com/pages/contact.htm to complete the information request form.