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Below is an in-depth analysis and side-by-side comparison of Kwicksilver Systems vs Rent-A-Wheel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $28,000 - $335,000 | $158,550 - $503,800 |
Franchise Fee | $15,000 | $50,000 |
Royalty Fee | 6% | - |
Advertising Fee | 3% | - |
Year Founded | - | 2002 |
Year Franchised | - | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 2 weeks of step by step instruction from our Kwicksilver Tech Team. The training includes basic tire/wheel instruction, wheel straightening and repair, cosmetic repair, paint blending techniques, and custom wheel painting. We also show you how to use chrome exchanges and dealer/customer aftermarket upgrades to enhance your profits. The training is loaded with valuable trade secrets that we have developed over many years. You'll also receive important administrative guidance on setting up accounts with tire/wheel suppliers, body shops, tire stores and insurance companies, etc. There is no fee for the first person. Thereafter, the training fee is just $2,000 per person. In addition, you must pay travel and living expenses for yourself and/or your employees/partners during the training period. | - |
Support | - | - |
Marketing | - | - |
Operations | Kwicksilver does not require that you personally supervise the franchised business. You may want to purchase a franchise solely as an investor or part-time owner. However, the business must be supervised by an on-premises manager who has successfully completed Kwicksilver's training program. The ideal franchisee may have several technicians working in different shops, all of whom have completed the training program. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |