Start-Up Costs and Fees |
||
| Onsite Recon | Midas | |
| Investment | 80996 - 120111 | 198650 - 539512 |
| Franchise Fee | 0 | |
| Royalty Fee | No less than 9% | 10% |
| Advertising Fee | 2% Nat'l 3% Local | included |
| Year Founded | 0 | 1956 |
| Year Franchised | 0 | 1956 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Onsite Recon | Midas | |
| Experience | You don't need to have specific experience in the auto repair industry to become a franchise owner with Onsite Recon. We look for people who are motivated, optimistic, and who have some general business experience. Some background in customer service or sales would also be helpful for building relationships with customers in your territory. We also prefer franchise owners who will be directly involved in the operations and growth of their Onsite Recon franchises. We expect that franchisees have the right amount of capital to invest in the business. | General business experience Financially capable |
Financing Options |
||
| Onsite Recon | Midas | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Onsite Recon | Midas | |
| Training | We will provide you with up to 20 days of pre-opening, corporate-based training to you as the franchise owner and one other individual you designate. We will also provide you with up to four days of on-site training within 60 days of commencement of operations, to assist with marketing, sales strategies, providing services, and more, to ensure that you are up and running, and following our prescribed standards of operation. | |
| Support | You will have access to all Onsite Recon's exclusive trademarks, equipment, products and procedures. We'll also present you with a copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees required to operate - 9 Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Onsite Recon | Midas | |
| US Expansion | Maryland, North Carolina, Virginia | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Onsite Recon | |
| Midas | |
| Franchise Fee | |
| Onsite Recon | |
| Midas | |
| Royalty Fee | |
| Onsite Recon | No less than 9% |
| Midas | 10% |
| Advertising Fee | |
| Onsite Recon | 2% Nat'l 3% Local |
| Midas | included |
| Year Founded | |
| Onsite Recon | 0 |
| Midas | 1956 |
| Year Franchised | |
| Onsite Recon | 0 |
| Midas | 1956 |
| Term Of Agreement | |
| Onsite Recon | 5 years +5+5+5 |
| Midas | 20 years |
| Renewal Fee | |
| Onsite Recon | |
| Midas | 50% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Onsite Recon | You don't need to have specific experience in the auto repair industry to become a franchise owner with Onsite Recon. We look for people who are motivated, optimistic, and who have some general business experience. Some background in customer service or sales would also be helpful for building relationships with customers in your territory. We also prefer franchise owners who will be directly involved in the operations and growth of their Onsite Recon franchises. We expect that franchisees have the right amount of capital to invest in the business. |
| Midas | General business experience Financially capable |
Financing Options |
|
| Franchise Fees | |
| Onsite Recon | |
| Midas | |
| Start-up Costs | |
| Onsite Recon | |
| Midas | |
| Equipment | |
| Onsite Recon} | |
| Midas | |
| Inventory | |
| Onsite Recon | |
| Midas | |
| Receivables | |
| Onsite Recon | |
| Midas | |
| Payroll | |
| Onsite Recon | |
| Midas | |
Training & Support |
|
| Training | |
| Onsite Recon | We will provide you with up to 20 days of pre-opening, corporate-based training to you as the franchise owner and one other individual you designate. We will also provide you with up to four days of on-site training within 60 days of commencement of operations, to assist with marketing, sales strategies, providing services, and more, to ensure that you are up and running, and following our prescribed standards of operation. |
| Midas | |
| Support | |
| Onsite Recon | You will have access to all Onsite Recon's exclusive trademarks, equipment, products and procedures. We'll also present you with a copy of our confidential operations manual to help you run your franchise business properly on a day-to-day basis. |
| Midas | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Onsite Recon | |
| Midas | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Onsite Recon | |
| Midas | 50% of all franchisees own more than one unit Number of employees required to operate - 9 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Onsite Recon | Maryland, North Carolina, Virginia |
| Midas | |
| Canada Expansion | |
| Onsite Recon | |
| Midas | |
| International Expansion | |
| Onsite Recon | |
| Midas | Canada, |