Device Pitstop vs Fast-teks Franchise Comparison

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

Start-Up Costs and Fees
  Device Pitstop Fast-teks
Investment 100700 - 218250 45000 - 60000
Franchise Fee
Royalty Fee 5% 7%
Advertising Fee $2K/yr
Year Founded 2013 2003
Year Franchised 2013 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Device Pitstop Fast-teks
Experience

Financing Options
  Device Pitstop Fast-teks
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Device Pitstop Fast-teks
Training Product knowledge workshops and using the technology systems and tools in our stores. The entire infrastructure of the store is preconfigured and setup for you, but it's imperative you learn the basics behind the systems. We understand that you are not a technician, but as a business owner, you need to be able to know the product, speak the language, and understand the processes that your technicians will go through. This part of the training is actually the section our franchisees really enjoy. On-The-Job Training: 20 hours Classroom Training: 63 hours
Support Ongoing support services include: Grand Opening assistance. Ongoing communication between corporate and franchisees. Planned yearly convention. Continuous networking between franchisees. Personal review of monthly sales figures to ensure proper growth. Continuous research and development. Newsletter Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing When you begin your training, you will further explore your store location, merchandising, signage, advertising, and budgeting needs. You will also work with a media buyer on your opening campaign, as well as working with Device Pitstop on a grassroots, local marketing campaign. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations

Expansion Plans
  Device Pitstop Fast-teks
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
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Device Pitstop
Fast-teks
Franchise Fee
Device Pitstop
Fast-teks
Royalty Fee
Device Pitstop 5%
Fast-teks 7%
Advertising Fee
Device Pitstop $2K/yr
Fast-teks
Year Founded
Device Pitstop 2013
Fast-teks 2003
Year Franchised
Device Pitstop 2013
Fast-teks 2004
Term Of Agreement
Device Pitstop
Fast-teks 7 years
Renewal Fee
Device Pitstop
Fast-teks


Business Experience Requirements
Experience
Device Pitstop
Fast-teks

Financing Options
 
Franchise Fees
Device Pitstop
Fast-teks
Start-up Costs
Device Pitstop
Fast-teks
Equipment
Device Pitstop}
Fast-teks
Inventory
Device Pitstop
Fast-teks
Receivables
Device Pitstop
Fast-teks
Payroll
Device Pitstop
Fast-teks

Training & Support
Training
Device Pitstop Product knowledge workshops and using the technology systems and tools in our stores. The entire infrastructure of the store is preconfigured and setup for you, but it's imperative you learn the basics behind the systems. We understand that you are not a technician, but as a business owner, you need to be able to know the product, speak the language, and understand the processes that your technicians will go through. This part of the training is actually the section our franchisees really enjoy. On-The-Job Training: 20 hours Classroom Training: 63 hours
Fast-teks
Support
Device Pitstop Ongoing support services include: Grand Opening assistance. Ongoing communication between corporate and franchisees. Planned yearly convention. Continuous networking between franchisees. Personal review of monthly sales figures to ensure proper growth. Continuous research and development. Newsletter Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Fast-teks
Marketing
Device Pitstop When you begin your training, you will further explore your store location, merchandising, signage, advertising, and budgeting needs. You will also work with a media buyer on your opening campaign, as well as working with Device Pitstop on a grassroots, local marketing campaign. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Fast-teks
Operations
Device Pitstop
Fast-teks

Expansion Plans
US Expansion
Device Pitstop 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
Fast-teks
Canada Expansion
Device Pitstop
Fast-teks 0
International Expansion
Device Pitstop
Fast-teks