Start-Up Costs and Fees |
||
| Hoodz | Steam Brothers | |
| Investment | 137000000000 - 228827 | 22000 - 53500 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 5-6.5% |
| Advertising Fee | ||
| Year Founded | 2008 | 1977 |
| Year Franchised | 2009 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hoodz | Steam Brothers | |
| Experience | Net worth requirement: $100,000 Cash liquidity requirement: $10,000 - $30,000 | |
Financing Options |
||
| Hoodz | Steam Brothers | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Hoodz | Steam Brothers | |
| Training | Available at headquarters: One week Technical/ Business Administration | |
| Support | Annual meetings Advanced level training | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | National advertising and public relations | Ad slicks |
| Operations | * Franchise can be run from home * 13% of all franchisees own more than one unit * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed | Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Hoodz | Steam Brothers | |
| 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 | Mid West, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hoodz | |
| Steam Brothers | |
| Franchise Fee | |
| Hoodz | |
| Steam Brothers | |
| Royalty Fee | |
| Hoodz | 10% |
| Steam Brothers | 5-6.5% |
| Advertising Fee | |
| Hoodz | |
| Steam Brothers | |
| Year Founded | |
| Hoodz | 2008 |
| Steam Brothers | 1977 |
| Year Franchised | |
| Hoodz | 2009 |
| Steam Brothers | 1984 |
| Term Of Agreement | |
| Hoodz | |
| Steam Brothers | 10 years |
| Renewal Fee | |
| Hoodz | |
| Steam Brothers | $1K |
Business Experience Requirements |
|
| Experience | |
| Hoodz | Net worth requirement: $100,000 Cash liquidity requirement: $10,000 - $30,000 |
| Steam Brothers | |
Financing Options |
|
| Franchise Fees | |
| Hoodz | Yes |
| Steam Brothers | Yes |
| Start-up Costs | |
| Hoodz | |
| Steam Brothers | |
| Equipment | |
| Hoodz} | |
| Steam Brothers | |
| Inventory | |
| Hoodz | |
| Steam Brothers | |
| Receivables | |
| Hoodz | |
| Steam Brothers | |
| Payroll | |
| Hoodz | |
| Steam Brothers | |
Training & Support |
|
| Training | |
| Hoodz | Available at headquarters: One week Technical/ Business Administration |
| Steam Brothers | |
| Support | |
| Hoodz | Annual meetings Advanced level training |
| Steam Brothers | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Hoodz | National advertising and public relations |
| Steam Brothers | Ad slicks |
| Operations | |
| Hoodz | * Franchise can be run from home * 13% of all franchisees own more than one unit * Number of employees needed to run franchised unit: Two * Absentee ownership of franchise is allowed |
| Steam Brothers | Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Hoodz | 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 |
| Steam Brothers | Mid West, |
| Canada Expansion | |
| Hoodz | |
| Steam Brothers | |
| International Expansion | |
| Hoodz | |
| Steam Brothers | |