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Below is an in-depth analysis and side-by-side comparison of iCare Repair vs Buddy's Home Furnishings including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $55,893 - $120,993 | $385,166 - $912,594 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | 7.25% | 6% |
Advertising Fee | - | $500/mo. |
Year Founded | 2012 | 1965 |
Year Franchised | 2012 | 2007 |
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 | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies. |
On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
Start-Up Costs and Fees Mobile |
||
Investment | ||
$55,893 - $120,993 | ||
$385,166 - $912,594 | ||
Franchise Fee | ||
$20,000 | ||
$25,000 | ||
Royalty Fee | ||
7.25% | ||
6% | ||
Advertising Fee | ||
- | ||
$500/mo. | ||
Year Founded | ||
2012 | ||
1965 | ||
Year Franchised | ||
2012 | ||
2007 | ||
Term Of Agreement | ||
- | ||
- | ||
Renewal Fee | ||
- | ||
- | ||
Business Experience Requirements |
||
Experience | ||
- | ||
- | ||
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | ||
-/- | ||
-/- | ||
Start-up Costs | ||
-/- | ||
-/Yes | ||
Equipment | ||
-/- | ||
-/Yes | ||
Inventory | ||
-/- | ||
-/Yes | ||
Receivables | ||
-/- | ||
-/- | ||
Payroll | ||
-/- | ||
-/- | ||
Training & Support |
||
Training | ||
We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies. |
||
On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours | ||
Support | ||
- | ||
Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | ||
Marketing | ||
- | ||
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | ||
Operations | ||
- | ||
- | ||
Expansion Plans |
||
US Expansion | ||
Yes | ||
Yes | ||
Canada Expansion | ||
- | ||
Yes | ||
International Expansion | ||
- | ||
- |