default vs QuikDrop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of default vs QuikDrop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  default QuikDrop
Investment 0 - 0 80000 - 80000
Franchise Fee 0
Royalty Fee $1.8K/mo.
Advertising Fee
Year Founded 2002 2003
Year Franchised 2003 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  default QuikDrop
Experience General business experience

Financing Options

  default QuikDrop
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  default QuikDrop
Training
Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  default QuikDrop
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
default
QuikDrop
Franchise Fee
default
QuikDrop
Royalty Fee
default
QuikDrop $1.8K/mo.
Advertising Fee
default
QuikDrop
Year Founded
default 2002
QuikDrop 2003
Year Franchised
default 2003
QuikDrop 2003
Term Of Agreement
default
QuikDrop 15 years
Renewal Fee
default
QuikDrop $2.5K


Business Experience Requirements

Experience
default
QuikDrop General business experience

Financing Options

 
Franchise Fees
default No
QuikDrop No
Start-up Costs
default
QuikDrop
Equipment
default}
QuikDrop
Inventory
default
QuikDrop
Receivables
default
QuikDrop
Payroll
default
QuikDrop

Training & Support

Training
default
QuikDrop
Support
default
QuikDrop Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
default
QuikDrop Co-op advertising, Ad slicks, National media, Regional advertising
Operations
default
QuikDrop 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
default
QuikDrop
Canada Expansion
default 0
QuikDrop
International Expansion
default
QuikDrop