Start-Up Costs and Fees |
||
| Tire Warehouse | Overdrive Automotive | |
| Investment | 100000 - 342000 | 99000 - 125000 |
| Franchise Fee | ||
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 1971 | 1997 |
| Year Franchised | 1989 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tire Warehouse | Overdrive Automotive | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Tire Warehouse | Overdrive Automotive | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tire Warehouse | Overdrive Automotive | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Tire Warehouse | Overdrive Automotive | |
| US Expansion | Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont, | |
| Canada Expansion | 0 | Ontario |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Franchise Fee | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Royalty Fee | |
| Tire Warehouse | 3% |
| Overdrive Automotive | |
| Advertising Fee | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Year Founded | |
| Tire Warehouse | 1971 |
| Overdrive Automotive | 1997 |
| Year Franchised | |
| Tire Warehouse | 1989 |
| Overdrive Automotive | 2006 |
| Term Of Agreement | |
| Tire Warehouse | 7 years |
| Overdrive Automotive | |
| Renewal Fee | |
| Tire Warehouse | $1.5K |
| Overdrive Automotive | |
Business Experience Requirements |
|
| Experience | |
| Tire Warehouse | General business experience Marketing skills |
| Overdrive Automotive | |
Financing Options |
|
| Franchise Fees | |
| Tire Warehouse | No |
| Overdrive Automotive | No |
| Start-up Costs | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Equipment | |
| Tire Warehouse} | |
| Overdrive Automotive | |
| Inventory | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Receivables | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Payroll | |
| Tire Warehouse | |
| Overdrive Automotive | |
Training & Support |
|
| Training | |
| Tire Warehouse | |
| Overdrive Automotive | |
| Support | |
| Tire Warehouse | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Overdrive Automotive | |
| Marketing | |
| Tire Warehouse | Ad slicks |
| Overdrive Automotive | |
| Operations | |
| Tire Warehouse | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Overdrive Automotive | |
Expansion Plans |
|
| US Expansion | |
| Tire Warehouse | Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont, |
| Overdrive Automotive | |
| Canada Expansion | |
| Tire Warehouse | 0 |
| Overdrive Automotive | Ontario |
| International Expansion | |
| Tire Warehouse | |
| Overdrive Automotive | |