What is involved in a Magnetite Franchise?A Magnetite franchisee receives:
- The right to use the Magnetite system and products.
- An exclusive Territory
- The Magnetite business system.
- The necessary training required to become a skilled Magnetite technician
- Access to over 20 years of technical data, product research and development.
- Access to an established website, sales aids, commercials and videos
- A presence and promotion through industry bodies and associations
- First right of refusal for new Magnetite products
- On-going franchise business support and technical advice.
- The right to use the established Magnetite name to attract customers.
- Annual Magnetite Franchise “Get Together”
What is my initial investment and what do I get for that?The initial investment is based on the size of the territory and typically ranges from $30,000 - $80,000 plus a vehicle, tools and premises. This amount includes an initial investment fee, a comprehensive training program and the stock necessary to start operating.
What sort of qualifications or technical skills do I need?A comprehensive training program provides you with all the necessary skills and accreditations to run a Magnetite franchise. There are no structural alterations to the existing window or building and our system is installed on the inside therefore the Magnetite double glazing system is viewed as a chattel. The Magnetite double glazing window system is straightforward and easy to install. Head office is also available as well as our network of franchisees for ongoing technical support and advice.
Will I need a store or showroom?A display room with a variety of Magnetite windows installed is a definite advantage. It is sometimes much easier for a potential client to gain an appreciation of the effectiveness of our system when they see a life-size application on a number of different style windows. Display models showing the noise and thermal benefits can also be purchased or made and are excellent selling tools.
What sort of competition do I face?Magnetite is the original magnetic insulating window system. Since its development there have been a few companies that have tried to duplicate our success. None have been able to offer as competitive a price for such a high quality product. Traditional double glazing outfits could be seen as indirect competitors. Currently, builders tend to avoid using double glazed units because of cost, time lag and the difficult installation. On existing dwellings, traditional double-glazing involves the complete removal of the existing windows as well as structural alterations, which starts at about double the price of a Magnetite system. In order to minimise cost and mess many people prefer Magnetite retrofit double glazing!
What sort of vehicle will I need?Several of the components used to make up our systems come in lengths of 3 to 4 metres. It is recommended that you have a van, truck or utility in order to easily transport your necessary components and Magnetite panels to and from work sites safely & easily.
What does the future hold for Magnetite in Australia and New Zealand?The shift in societal, government and council attitudes with respect to acoustics and energy efficient housing has created a huge opportunity for Magnetite. More and more councils are demanding acoustic and energy ratings for new construction, renovations and extensions. Magnetite is at the forefront of the industry and has had its system thermally rated through the Window Energy Rating Scheme (WERS) and acoustically tested by the National Acoustics Laboratories in Chatswood, NSW. The results show the same if not better results than many double glazed units. Magnetite is an excellent and cost effective way of surpassing specified government requirements. Personal comfort is also becoming more and more of an issue both in a home and office environment, with noise and temperature being the two biggest concerns listed. Magnetite has a tremendous amount of opportunity in Australia and New Zealand. Noise and temperature are the two biggest attributes of Magnetite retrofit double glazing surpassed by none in price and quality. But that's not all! Magnetite technicians are working on new innovative products that work with the existing system to offer a wide range of added benefits.
Does Magnetite offer a product guarantee?We take pride in our work and are big believers in “Do it right the first time”. Magnetite offers a 7-year guarantee on all its parts and materials in line with membership requirements to the Australian Window Association. The optical grade glazing material has a manufacturers' warranty of 10 years.
QualificationThe information contained within these pages is to provide you with an insight into the business opportunities available with a Magnetite franchise. When the process towards becoming a Magnetite franchisee develops further formal agreements will be drawn.
The Next Step
If this sounds like it could be your window of business franchise opportunity please fill out our Franchise Enquiry form under the contact us section of the website. You can also contact Ian Harkin, on (02) 9565 4070