• No franchising start up fees
• No franchising royalties fees
• No franchising advertising fees
Franchise start up costs....
• Purchasing franchises can be an initial investment of $30,000.00 to $100,000.00
• Royalties of 5% are common
• Advertising fees of 2% are common
• Costs may be higher than you expected. As well as the initial costs of purchasing a garage door franchise, you may pay continuing management service fees and have to agree to buy products from the franchisor which may make you unable to compete with other businesses in the garage door industry.
• The franchisor might go out of business
• Although franchisor revenues and profit may be listed in a franchise disclosure document (FDD), no laws require the estimate of franchisee profitability, which depends on how intensively the franchisee 'works' the franchise. Therefore, franchisor fees are always based on 'gross revenue from sales' and not on profits realized.
• The franchise agreement usually includes restrictions on how you can run the business. You might not be able to make changes to suit your local market and will be restricted to the market area you have purchased.
• Other franchisees could give the brand a bad reputation, so the recruitment process needs to be thorough
• You may find it difficult to sell your franchise - you might only be able to sell it to someone approved by the franchisor.
• All profits (a percentage of sales) are usually shared with the franchisor.
Canadian Doormaster Electric Ltd. is an independently-owned garage and overhead door company that's been in business for 23 years in Vancouver and the lower mainland with a management team that has a combined experience of over 85 years in the overhead door industry.
In 2009 we expanded our operations and set up a wholesale division for garage and overhead doors, part and accessories. We are currently looking for dealers for our wholesale garage door product line. If you own a garage door company that sells or installs garage doors or are thinking of starting an overhead door business and are looking for a garage door distributor with excellent pricing and service, we'd like to distribute our product line to you. We offer very competitive pricing through volume buying and pass the savings to our dealer network.
As a dealer you'll be able to receive the discount pricing benefits of our buying power with major manufacturers such as Napoleon/Lynx, Clopay, Westgate, North West Door, Linear, Steelcraft, Door King, All-O-Matic and others. We will also list you as a dealer on our website and direct sales calls to you in your area and can create a custom garage door website for a reasonable fee. Training and ongoing support is offered at our head office in Burnaby.
We don't offer franchises or an endless supply of installations through big box stores, just very competitive pricing on wholesale products that you'll need to make a success of your business. If you are under contract to buy from your franchisee, you may be out pricing yourself in today's very competitive overhead door business. If you're thinking of purchasing a garage door franchise, make sure that you view the companies income statement from Revenue Canada and not just an internally produced profit and loss statement.
Simply fill out the form below letting us know all about your company or business plans and we'll have a representative call to speak with you about whether your business will qualify for wholesale pricing.