According to the US Bureau of Labor Statistics and the US Small Business Administration*, only 70 percent of independent start-ups are still in business after two years, and only 50 percent are still in business after 5 years. This number drops to just over 30 percent for independent start-ups that last longer than 10 years, and 25 percent for those lasting more than 15 years.
Weigh that against reports from the International Franchise Association* (IFA) which previously did a study that suggested that at many as 95 percent of new franchises were still in business after five years, and 91 percent after seven years.
With our franchise model, you are in business for yourself, but never by yourself. We offer in-house marketing, strong brand recognition, corporate support and everything you need to be successful. All efforts are made to make business owning effortless for our franchisees.
If you’re thinking about starting your own business and being independent, grab yourself a bigger slice of the pie by teaming up with Ziebart. We were recently recognized by Entrepreneur as the #1 Franchise in Automotive Appearance Services. The top 20% of our stores gross over $1 million annually and the average U.S. sales per store are over $900,000. These numbers along with the possibility of selling your Ziebart store down the road at 5-7 times EBITDA can help your retirement dreams become a reality.