Start-Up Costs and Fees |
||
| Sonitrol | My-Alarm | |
| Investment | 148000 - 474000 | 50000 - 50000 |
| Franchise Fee | ||
| Royalty Fee | 2.50% | |
| Advertising Fee | ||
| Year Founded | 1964 | 0 |
| Year Franchised | 1965 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sonitrol | My-Alarm | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Sonitrol | My-Alarm | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sonitrol | My-Alarm | |
| Training | Complete comprehensive training & ongoing support. Free "on-demand" sales and training webinars for you and your customers. | |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Lifetime warranty on active systems and equipment. Free unlimited technical support for you and your customers. Free Dealer web page hosted on the My-Alarm website. Billing and collections for your customers. |
| Marketing | Ad slicks | Free unlimited Associate pages hosted for your marketing channels. Free unlimited customized marketing materials on all products. |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | MY-ALARM Bills Your Customer Monthly and Provides them with Lifetime Warranty and Technical Support. |
Expansion Plans |
||
| Sonitrol | My-Alarm | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sonitrol | |
| My-Alarm | |
| Franchise Fee | |
| Sonitrol | |
| My-Alarm | |
| Royalty Fee | |
| Sonitrol | 2.50% |
| My-Alarm | |
| Advertising Fee | |
| Sonitrol | |
| My-Alarm | |
| Year Founded | |
| Sonitrol | 1964 |
| My-Alarm | 0 |
| Year Franchised | |
| Sonitrol | 1965 |
| My-Alarm | 0 |
| Term Of Agreement | |
| Sonitrol | 10 years |
| My-Alarm | |
| Renewal Fee | |
| Sonitrol | |
| My-Alarm | |
Business Experience Requirements |
|
| Experience | |
| Sonitrol | General business experience Marketing skills |
| My-Alarm | |
Financing Options |
|
| Franchise Fees | |
| Sonitrol | No |
| My-Alarm | No |
| Start-up Costs | |
| Sonitrol | |
| My-Alarm | |
| Equipment | |
| Sonitrol} | |
| My-Alarm | |
| Inventory | |
| Sonitrol | |
| My-Alarm | |
| Receivables | |
| Sonitrol | |
| My-Alarm | |
| Payroll | |
| Sonitrol | |
| My-Alarm | |
Training & Support |
|
| Training | |
| Sonitrol | |
| My-Alarm | Complete comprehensive training & ongoing support. Free "on-demand" sales and training webinars for you and your customers. |
| Support | |
| Sonitrol | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| My-Alarm | Lifetime warranty on active systems and equipment. Free unlimited technical support for you and your customers. Free Dealer web page hosted on the My-Alarm website. Billing and collections for your customers. |
| Marketing | |
| Sonitrol | Ad slicks |
| My-Alarm | Free unlimited Associate pages hosted for your marketing channels. Free unlimited customized marketing materials on all products. |
| Operations | |
| Sonitrol | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| My-Alarm | MY-ALARM Bills Your Customer Monthly and Provides them with Lifetime Warranty and Technical Support. |
Expansion Plans |
|
| US Expansion | |
| Sonitrol | |
| My-Alarm | |
| Canada Expansion | |
| Sonitrol | 0 |
| My-Alarm | |
| International Expansion | |
| Sonitrol | |
| My-Alarm | |