|
Below is an in-depth analysis and side-by-side comparison of The Dry Boys vs Spaulding Decon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $74,000 - $116,000 | $122,700 - $139,200 |
Franchise Fee | $30,000 | $45,000 |
Royalty Fee | 7% | 8% |
Advertising Fee | 2% | 3% |
Year Founded | - | 2005 |
Year Franchised | - | 2015 |
Term Of Agreement | 10 Years | - |
Term Of Agreement | 10 Years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! | All you need is a positive attitude and a go-getter mindset to become one of our franchisees. Net-worth Requirement $250,000 Liquid Cash Requirement $50,000 |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | Yes/- | -/Yes |
Inventory | Yes/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising | On-The-Job Training: 24 hours Classroom Training: 45 hours Additional Training: Online training |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |