Rainbow International Restoration vs Leather Medic Franchise Comparison

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

Start-Up Costs and Fees
  Rainbow International Restoration Leather Medic
Investment 148675 - 241100 73900 - 90240
Franchise Fee 0
Royalty Fee 3-7% $450/truck/mo.
Advertising Fee 2%
Year Founded 1981 1985
Year Franchised 1981 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Rainbow International Restoration Leather Medic
Experience It is helpful, but not necessary to have industry specific, general business and marketing experience.

Financing Options
  Rainbow International Restoration Leather Medic
 
Franchise Fees Yes Yes
Start-up Costs No No
Equipment No Yes
Inventory No Yes
Receivables No No
Payroll No No

Training & Support
  Rainbow International Restoration Leather Medic
Training On-The-Job Training: 16 hours Classroom Training: 29 hours
Support We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. Meetings/Conventions Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. Regional Advertising Social media SEO Website development
Operations Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) Franchise can be run from home. Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
  Rainbow International Restoration Leather Medic
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 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Rainbow International Restoration
Leather Medic
Franchise Fee
Rainbow International Restoration
Leather Medic
Royalty Fee
Rainbow International Restoration 3-7%
Leather Medic $450/truck/mo.
Advertising Fee
Rainbow International Restoration 2%
Leather Medic
Year Founded
Rainbow International Restoration 1981
Leather Medic 1985
Year Franchised
Rainbow International Restoration 1981
Leather Medic 2003
Term Of Agreement
Rainbow International Restoration 10 years
Leather Medic 5 years
Renewal Fee
Rainbow International Restoration $5,000
Leather Medic $2.5K


Business Experience Requirements
Experience
Rainbow International Restoration It is helpful, but not necessary to have industry specific, general business and marketing experience.
Leather Medic

Financing Options
 
Franchise Fees
Rainbow International Restoration Yes
Leather Medic Yes
Start-up Costs
Rainbow International Restoration
Leather Medic
Equipment
Rainbow International Restoration}
Leather Medic
Inventory
Rainbow International Restoration
Leather Medic
Receivables
Rainbow International Restoration
Leather Medic
Payroll
Rainbow International Restoration
Leather Medic

Training & Support
Training
Rainbow International Restoration
Leather Medic On-The-Job Training: 16 hours Classroom Training: 29 hours
Support
Rainbow International Restoration We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website.
Leather Medic Meetings/Conventions Online Support Security/Safety Procedures Field Operations Proprietary Software
Marketing
Rainbow International Restoration Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media.
Leather Medic Regional Advertising Social media SEO Website development
Operations
Rainbow International Restoration Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Leather Medic Franchise can be run from home. Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Rainbow International Restoration 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
Leather Medic 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
Rainbow International Restoration 0
Leather Medic
International Expansion
Rainbow International Restoration
Leather Medic