Frequently Asked Questions
How long will it take for me to be profitable?
You can expect to be profitable within your first year as a New Creations franchise owner.
* Please note that we will not be held liable if an owner does not achieve profitability in their first year. As with any business, the success is largely dependent on the owner’s performance, and other external factors.
What ongoing support will I receive?
Access to a growing library of training videos
Access to the New Creations Training Manual
Regular newsletters with the latest “tech Tips” as well as relevant articles on running and growing your business.
Direct access to highly skilled technicians to coach you on difficult jobs.
What does training look like?
The initial Franchise training consists of three weeks at our Headquarters in Port Coquitlam, BC and one week at the area you are purchasing from us. Franchise Owners have the option to return to the Headquarters for additional complimentary training, as per request of the Franchisee.
Currently there is an Annual Training Seminars held at our Headquarters in BC, and a semi-annual Training Seminar in Atlantic Canada every second year. These seminars are free of charge to both Franchise Owners and their contracted Employees and Subcontractors.
Who will my customers be?
Most of our work recurring business is done for businesses such as automobile dealers, insurance companies, body shops, moving companies, property management companies, and more. We do large volumes of work for retail customers as well!
How big of a territory is included in my franchise?
On average, a New Creations franchise receives the exclusive rights to an area with a population of around 250,000 people.
How much does it cost?
An initial cash investment of approximately $60,000 to $70,000 is required (contact us to have an exact breakdown sent to you), depending on the location. In addition to this, you should have at least $25,000 of working capital, and an acceptable vehicle (see below for details).
Royalties are 7% of gross sales, with the exception of exterior paint repairs, which have a royalty of 5%.
Am I required to be a full-time franchisee?
At New Creations we believe that the best results are achieved when the owner of a franchise is fully involved in the day-to-day operations of the business. We do, however, permit absentee investors, and have seen their franchises succeed with the right management in place.
Do I have to have previous experience to own a franchise?
No, it is not necessary to have mechanical, construction, or restoration experience to be a successful franchise owner. Our comprehensive training program ensures each franchisee has access to the latest industry techniques and trends. This being said, good people-skills, ethics, high motivation, and the ability to see colours are all requirements of an owner/operator of a New Creations franchise.
What kind of tools and supplies will I need?
New Creations will supply you with all the supplies that you need. There are a few tools on the list that if you have them, you can use them instead of purchasing new.
What kind of vehicle will I need?
You will need a vehicle that is 10 years old or newer with a separate cargo area to store your tools. Our franchisees often have a truck with a canopy, a work van with a wall installed behind the front row, or a Ford Transit. We require your vehicle to be white with current New Creations branding added on as stickers or decals, or to have the vehicle fully wrapped.
What are my supplies costs?
On average, you can expect your supplies costs to range from 2.5-5% of gross sales. This number can vary significantly depending on the type of repairs you are doing.
Please call us at 1-888-RECOLOR.