Start-Up Costs and Fees |
||
| Mr. Appliance | CHORE Masters | |
| Investment | 47350 - 99120 | 35000 - 75000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-7% | |
| Advertising Fee | 2% | |
| Year Founded | 1996 | 2008 |
| Year Franchised | 1996 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Appliance | CHORE Masters | |
| Experience | It is helpful, but not necessary to have industry specific, general business and marketing experience. | A professional background in sales, marketing, customer services, logistics or project management is preferred, with a customer service orientation key to success. Financial requirements for your first CHORE Masters franchise are: Current cash liquidity of $34,000 Current Net Worth of $75,000-125,000 |
Financing Options |
||
| Mr. Appliance | CHORE Masters | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mr. Appliance | CHORE Masters | |
| Training | Regional meetings | |
| Support | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. | |
| Marketing | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. | |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses 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 |
||
| Mr. Appliance | CHORE Masters | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Appliance | |
| CHORE Masters | |
| Franchise Fee | |
| Mr. Appliance | |
| CHORE Masters | |
| Royalty Fee | |
| Mr. Appliance | 4-7% |
| CHORE Masters | |
| Advertising Fee | |
| Mr. Appliance | 2% |
| CHORE Masters | |
| Year Founded | |
| Mr. Appliance | 1996 |
| CHORE Masters | 2008 |
| Year Franchised | |
| Mr. Appliance | 1996 |
| CHORE Masters | 2013 |
| Term Of Agreement | |
| Mr. Appliance | 10 years |
| CHORE Masters | |
| Renewal Fee | |
| Mr. Appliance | $5,000 |
| CHORE Masters | |
Business Experience Requirements |
|
| Experience | |
| Mr. Appliance | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
| CHORE Masters | A professional background in sales, marketing, customer services, logistics or project management is preferred, with a customer service orientation key to success. Financial requirements for your first CHORE Masters franchise are: Current cash liquidity of $34,000 Current Net Worth of $75,000-125,000 |
Financing Options |
|
| Franchise Fees | |
| Mr. Appliance | Yes |
| CHORE Masters | Yes |
| Start-up Costs | |
| Mr. Appliance | |
| CHORE Masters | |
| Equipment | |
| Mr. Appliance} | |
| CHORE Masters | |
| Inventory | |
| Mr. Appliance | |
| CHORE Masters | |
| Receivables | |
| Mr. Appliance | |
| CHORE Masters | |
| Payroll | |
| Mr. Appliance | |
| CHORE Masters | |
Training & Support |
|
| Training | |
| Mr. Appliance | Regional meetings |
| CHORE Masters | |
| Support | |
| Mr. Appliance | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. |
| CHORE Masters | |
| Marketing | |
| Mr. Appliance | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. |
| CHORE Masters | |
| Operations | |
| Mr. Appliance | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| CHORE Masters | |
Expansion Plans |
|
| US Expansion | |
| Mr. Appliance | |
| CHORE Masters | 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 | |
| Mr. Appliance | |
| CHORE Masters | |
| International Expansion | |
| Mr. Appliance | |
| CHORE Masters | |