Start-Up Costs and Fees |
||
| ColorTyme | uBreakiFix | |
| Investment | 229575 - 357500 | 98350 - 303000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 7% |
| Advertising Fee | $250/ mo | |
| Year Founded | 1979 | 2009 |
| Year Franchised | 1982 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ColorTyme | uBreakiFix | |
| Experience | ? Business Experience: ? Industry experience ? General business experience ? Marketing skills | A bit of money, and not just change you found in your friend s couch cushions. Have a passion for the tech industry, or at least appreciate it. A hardworking nature and a positive attitude. A people-person who enjoys helping folks out. An entrepreneurial spirit who sees the big picture. A person who will put customers above all else. Someone who will embrace the uBreakiFix brand and corporate culture. |
Financing Options |
||
| ColorTyme | uBreakiFix | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| ColorTyme | uBreakiFix | |
| Training | 4 Weeks | Our training program is second to none. It consists of 96 hours of training at our corporate facility in sunny Orlando, FL and 48 hours of intensive onsite training in your store. |
| Support | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees | Our brand means everything to us, and when you become a franchisee, you re an extended part of the uBreakiFix brand and community. We don t mind holding your hand if you need it. From lease negotiations to construction build out, franchisees receive ongoing tech and business support. uBreakifix has built state of the art systems and infrastructure to help you keep tabs on not only your store s day-to-day operations but also keep your location stocked with all of the parts you need to make the best repairs in the business. |
| Marketing | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | ? 49% of all franchisees own more than one unit ? Number of employees needed to run franchised unit: 5 ? Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) ? Average Number of Employees: 5 Full-time, 0 Part-time | |
Expansion Plans |
||
| ColorTyme | uBreakiFix | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| ColorTyme | |
| uBreakiFix | |
| Franchise Fee | |
| ColorTyme | |
| uBreakiFix | |
| Royalty Fee | |
| ColorTyme | 4% |
| uBreakiFix | 7% |
| Advertising Fee | |
| ColorTyme | $250/ mo |
| uBreakiFix | |
| Year Founded | |
| ColorTyme | 1979 |
| uBreakiFix | 2009 |
| Year Franchised | |
| ColorTyme | 1982 |
| uBreakiFix | 2013 |
| Term Of Agreement | |
| ColorTyme | 5-10 years |
| uBreakiFix | |
| Renewal Fee | |
| ColorTyme | |
| uBreakiFix | |
Business Experience Requirements |
|
| Experience | |
| ColorTyme | ? Business Experience: ? Industry experience ? General business experience ? Marketing skills |
| uBreakiFix | A bit of money, and not just change you found in your friend s couch cushions. Have a passion for the tech industry, or at least appreciate it. A hardworking nature and a positive attitude. A people-person who enjoys helping folks out. An entrepreneurial spirit who sees the big picture. A person who will put customers above all else. Someone who will embrace the uBreakiFix brand and corporate culture. |
Financing Options |
|
| Franchise Fees | |
| ColorTyme | No |
| uBreakiFix | No |
| Start-up Costs | |
| ColorTyme | |
| uBreakiFix | |
| Equipment | |
| ColorTyme} | |
| uBreakiFix | |
| Inventory | |
| ColorTyme | |
| uBreakiFix | |
| Receivables | |
| ColorTyme | |
| uBreakiFix | |
| Payroll | |
| ColorTyme | |
| uBreakiFix | |
Training & Support |
|
| Training | |
| ColorTyme | 4 Weeks |
| uBreakiFix | Our training program is second to none. It consists of 96 hours of training at our corporate facility in sunny Orlando, FL and 48 hours of intensive onsite training in your store. |
| Support | |
| ColorTyme | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees |
| uBreakiFix | Our brand means everything to us, and when you become a franchisee, you re an extended part of the uBreakiFix brand and community. We don t mind holding your hand if you need it. From lease negotiations to construction build out, franchisees receive ongoing tech and business support. uBreakifix has built state of the art systems and infrastructure to help you keep tabs on not only your store s day-to-day operations but also keep your location stocked with all of the parts you need to make the best repairs in the business. |
| Marketing | |
| ColorTyme | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support |
| uBreakiFix | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| ColorTyme | ? 49% of all franchisees own more than one unit ? Number of employees needed to run franchised unit: 5 ? Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) ? Average Number of Employees: 5 Full-time, 0 Part-time |
| uBreakiFix | |
Expansion Plans |
|
| US Expansion | |
| ColorTyme | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| uBreakiFix | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| ColorTyme | |
| uBreakiFix | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| ColorTyme | |
| uBreakiFix | |