Start-Up Costs and Fees |
||
| Sears Carpet & Upholstery Care | Color-Glo | |
| Investment | 76500 - 433300 | 56300 - 61375 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 4%+ |
| Advertising Fee | ||
| Year Founded | 1992 | 1979 |
| Year Franchised | 1999 | 1983 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sears Carpet & Upholstery Care | Color-Glo | |
| Experience | General business experience Marketing skills Sales experience helpful | |
Financing Options |
||
| Sears Carpet & Upholstery Care | Color-Glo | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sears Carpet & Upholstery Care | Color-Glo | |
| Training | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
||
| Sears Carpet & Upholstery Care | Color-Glo | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Franchise Fee | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Royalty Fee | |
| Sears Carpet & Upholstery Care | 8% |
| Color-Glo | 4%+ |
| Advertising Fee | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Year Founded | |
| Sears Carpet & Upholstery Care | 1992 |
| Color-Glo | 1979 |
| Year Franchised | |
| Sears Carpet & Upholstery Care | 1999 |
| Color-Glo | 1983 |
| Term Of Agreement | |
| Sears Carpet & Upholstery Care | 10 years |
| Color-Glo | 10 years |
| Renewal Fee | |
| Sears Carpet & Upholstery Care | $2.5K |
| Color-Glo | |
Business Experience Requirements |
|
| Experience | |
| Sears Carpet & Upholstery Care | General business experience Marketing skills Sales experience helpful |
| Color-Glo | |
Financing Options |
|
| Franchise Fees | |
| Sears Carpet & Upholstery Care | Yes |
| Color-Glo | Yes |
| Start-up Costs | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Equipment | |
| Sears Carpet & Upholstery Care} | |
| Color-Glo | |
| Inventory | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Receivables | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Payroll | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
Training & Support |
|
| Training | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available |
| Support | |
| Sears Carpet & Upholstery Care | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Color-Glo | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Sears Carpet & Upholstery Care | Co-op advertising, Ad slicks, National media |
| Color-Glo | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Sears Carpet & Upholstery Care | Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Color-Glo | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |
| Canada Expansion | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | 0 |
| International Expansion | |
| Sears Carpet & Upholstery Care | |
| Color-Glo | |