QuikDrop vs default Franchise Comparison

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

Start-Up Costs and Fees

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


Business Experience Requirements

  QuikDrop default
Experience General business experience

Financing Options

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

Training & Support

  QuikDrop default
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

  QuikDrop default
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
QuikDrop General business experience
default

Financing Options

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

Training & Support

Training
QuikDrop
default
Support
QuikDrop Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
default
Marketing
QuikDrop Co-op advertising, Ad slicks, National media, Regional advertising
default
Operations
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)
default

Expansion Plans

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