[Nanotec-USA]

Hi Ian,

I had the pleasure of talking with a member of their management a few years ago while at a convention. Seemed like a great bunch of people, did not try to hard sell and had no problem answering questions from the attendees of the specific convention. They do offer various packages for a person to expand and help generate additional income. It is a franchise so a guy would need to make sure all questions are answered and more importantly is it really what you want to do.

Another you may want to compare with is Paint Bull, Tim is a straight shooter and will give you the honest answers. Met him at SEMA a few years ago, good guy and good people with him.

A pro for purchasing a franchise in general might be having the backing and support not available when you are a sole proprietor. You would most likely get help from the Franchisor in generating new leads and get you into dealership doors. You go out with training, equipment and are fully trained.

Cons, well, the obvious is you need to pay a fee to use their name and for the support they offer you "Royalties" is what I gathered from their introduction. Many technicians shy away from Franchises to keep all profit/income they generate for their effort, time and sweat. You will have to bust your hump to make the agreed to profit goal you have signed up for "If I did not remember the exact wording I apologize" but then again when the weather is favorable everyone rock and rolls.

If you have the capital to make the investment and their rep. has given you that warm fuzzy feeling then go for it. If you have reservations at all then follow your gut.

You could always ask them for the phone numbers to a few of their current Franchisees to get feedback.

All in all, people that love owning a franchise love it, those that do not love it, well, you know the rest.

Hope I was a little helpful, which ever direction you take I wish you the best of luck.