Daily Franchises

Chipmasters

Chipmaster Auto Paint System Ltd. is a four year old company specializing in the automobile Micro Paint Repair Industry. Chipmaster's chemists have made a breakthrough in auto paint touch up technology and restoration systems developing a unique process that is easy to learn and easy to do. Chipmaster is supported by a multimillion dollar corporation with 13 years of experience in franchising, training and business start up successes. They are in the process of setting up independent dealers or entrepreneurs that will have their own exclusive territories across Canada. They are looking for individuals or existing businesses that can visualize over $100,000.00 profit in the first year.

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For more information on owning a Chipmasters franchise, please visit the official Chipmasters website here.

Franchising Tips and Facts

How much does a Chipmasters Franchise cost? Generally the costs associated with buying a franchise can vary considerable, depending on some of the following factors. Some costs that can affect the bottom line are, real estate, inventory, training, marketing, franchise fees, and development costs. The Chipmasters UFOC should outline these costs, and give you detailed information on how much it will cost you.

According to the Small Business Administration, less than 5% of all franchise units fail each year. This is compared to 30 to 35 percent of small businesses which fail within the first year of operation. However, owning a Chipmasters franchise is not a guaranteed recipe for success. You will still have to commit yourself, your time, and perhaps even make some personal sacrifices in order to succeed.

Can you own another franchise at the same time? Most likely, you will be restricted from purchasing a franchise from a franchisor that would be a direct competitor to a Chipmasters franchise. However, you may be allowed to purchase a franchise of another type.

As a franchisee, you may want to know... can I own more than one Chipmasters franchise? Franchisors often sell area or master franchises within a certain specified territory. These are of course costly. If you own a single Chipmasters franchise and are successful, then if there is an opportunity to develop in another and the territory is available, then the franchisor will usually be pleased to sell you another franchise for the new location.

Please Note: Chipmasters, and other franchise opportunities, business opportunities, businesses and franchises listed on this web site are not to be considered as an "offering," suggestion or approval by DialyFranchises.com. As always, we recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise or business opportunity.