Start-Up Costs and Fees |
||
| CRATE | HomePros | |
| Investment | 100424 - 177999 | 101285 - 143475 |
| Franchise Fee | 0 | |
| Royalty Fee | 2%-4% | 7% |
| Advertising Fee | $38,500 - $42,000 annually | |
| Year Founded | 2011 | 2001 |
| Year Franchised | 2015 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| CRATE | HomePros | |
| Experience | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. | Industry experience General business experience Basic home repair skills |
Financing Options |
||
| CRATE | HomePros | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| CRATE | HomePros | |
| Training | Ongoing | |
| Support | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Marketing | Ad slicks | |
| Operations | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| CRATE | HomePros | |
| US Expansion | Arizona, California, Nevada, Oregon | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| CRATE | |
| HomePros | |
| Franchise Fee | |
| CRATE | |
| HomePros | |
| Royalty Fee | |
| CRATE | 2%-4% |
| HomePros | 7% |
| Advertising Fee | |
| CRATE | $38,500 - $42,000 annually |
| HomePros | |
| Year Founded | |
| CRATE | 2011 |
| HomePros | 2001 |
| Year Franchised | |
| CRATE | 2015 |
| HomePros | 2002 |
| Term Of Agreement | |
| CRATE | |
| HomePros | 5 years |
| Renewal Fee | |
| CRATE | |
| HomePros | |
Business Experience Requirements |
|
| Experience | |
| CRATE | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
| HomePros | Industry experience General business experience Basic home repair skills |
Financing Options |
|
| Franchise Fees | |
| CRATE | |
| HomePros | |
| Start-up Costs | |
| CRATE | |
| HomePros | |
| Equipment | |
| CRATE} | |
| HomePros | |
| Inventory | |
| CRATE | |
| HomePros | |
| Receivables | |
| CRATE | |
| HomePros | |
| Payroll | |
| CRATE | |
| HomePros | |
Training & Support |
|
| Training | |
| CRATE | Ongoing |
| HomePros | |
| Support | |
| CRATE | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| HomePros | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| CRATE | |
| HomePros | Ad slicks |
| Operations | |
| CRATE | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
| HomePros | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| CRATE | Arizona, California, Nevada, Oregon |
| HomePros | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| CRATE | |
| HomePros | |
| International Expansion | |
| CRATE | |
| HomePros | |