Start-Up Costs and Fees |
||
| Epcon Communities | Basement Living Systems USA | |
| Investment | 887200 - 4569000 | 190000 - 320000 |
| Franchise Fee | 0 | |
| Royalty Fee | 1% to 2% | 4% |
| Advertising Fee | $500/ month | 1% |
| Year Founded | 1986 | 1953 |
| Year Franchised | 1995 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Epcon Communities | Basement Living Systems USA | |
| Experience | General business experience Upper management experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
||
| Epcon Communities | Basement Living Systems USA | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Epcon Communities | Basement Living Systems USA | |
| Training | Available at headquarters | Initial one week orientation and ongoing |
| Support | Toll-free phone line, field consultants, Intranet, marketing, training | |
| Marketing | Marketing plans, materials, field support | Marketing materials are created and available |
| Operations | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Epcon Communities | Basement Living Systems USA | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Epcon Communities | |
| Basement Living Systems USA | |
| Franchise Fee | |
| Epcon Communities | |
| Basement Living Systems USA | |
| Royalty Fee | |
| Epcon Communities | 1% to 2% |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| Epcon Communities | $500/ month |
| Basement Living Systems USA | 1% |
| Year Founded | |
| Epcon Communities | 1986 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| Epcon Communities | 1995 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| Epcon Communities | Completion of 1 market area |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| Epcon Communities | $25,000 |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Epcon Communities | General business experience Upper management experience |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Epcon Communities | No |
| Basement Living Systems USA | No |
| Start-up Costs | |
| Epcon Communities | |
| Basement Living Systems USA | |
| Equipment | |
| Epcon Communities} | |
| Basement Living Systems USA | |
| Inventory | |
| Epcon Communities | |
| Basement Living Systems USA | |
| Receivables | |
| Epcon Communities | |
| Basement Living Systems USA | |
| Payroll | |
| Epcon Communities | |
| Basement Living Systems USA | |
Training & Support |
|
| Training | |
| Epcon Communities | Available at headquarters |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| Epcon Communities | Toll-free phone line, field consultants, Intranet, marketing, training |
| Basement Living Systems USA | |
| Marketing | |
| Epcon Communities | Marketing plans, materials, field support |
| Basement Living Systems USA | Marketing materials are created and available |
| Operations | |
| Epcon Communities | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Basement Living Systems USA | |
Expansion Plans |
|
| US Expansion | |
| Epcon Communities | |
| Basement Living Systems USA | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Epcon Communities | |
| Basement Living Systems USA | |
| International Expansion | |
| Epcon Communities | Canada, |
| Basement Living Systems USA | |