Start-Up Costs and Fees |
||
| Sears Carpet & Upholstery Care | Leather Medic | |
| Investment | 76500 - 433300 | 73900 - 90240 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 8% | $450/truck/mo. |
| Advertising Fee | ||
| Year Founded | 1992 | 1985 |
| Year Franchised | 1999 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sears Carpet & Upholstery Care | Leather Medic | |
| Experience | General business experience Marketing skills Sales experience helpful | |
Financing Options |
||
| Sears Carpet & Upholstery Care | Leather Medic | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sears Carpet & Upholstery Care | Leather Medic | |
| Training | On-The-Job Training: 16 hours Classroom Training: 29 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, National media | Regional Advertising Social media SEO Website development |
| 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. Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Sears Carpet & Upholstery Care | Leather Medic | |
| 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 | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| Franchise Fee | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| Royalty Fee | |
| Sears Carpet & Upholstery Care | 8% |
| Leather Medic | $450/truck/mo. |
| Advertising Fee | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| Year Founded | |
| Sears Carpet & Upholstery Care | 1992 |
| Leather Medic | 1985 |
| Year Franchised | |
| Sears Carpet & Upholstery Care | 1999 |
| Leather Medic | 2003 |
| Term Of Agreement | |
| Sears Carpet & Upholstery Care | 10 years |
| Leather Medic | 5 years |
| Renewal Fee | |
| Sears Carpet & Upholstery Care | $2.5K |
| Leather Medic | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Sears Carpet & Upholstery Care | General business experience Marketing skills Sales experience helpful |
| Leather Medic | |
Financing Options |
|
| Franchise Fees | |
| Sears Carpet & Upholstery Care | Yes |
| Leather Medic | Yes |
| Start-up Costs | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| Equipment | |
| Sears Carpet & Upholstery Care} | |
| Leather Medic | |
| Inventory | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| Receivables | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| Payroll | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
Training & Support |
|
| Training | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | On-The-Job Training: 16 hours Classroom Training: 29 hours |
| Support | |
| Sears Carpet & Upholstery Care | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Leather Medic | Meetings/Conventions Online Support Security/Safety Procedures Field Operations Proprietary Software |
| Marketing | |
| Sears Carpet & Upholstery Care | Co-op advertising, Ad slicks, National media |
| Leather Medic | Regional Advertising Social media SEO Website development |
| 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) |
| Leather Medic | Franchise can be run from home. Franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | 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 | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |
| International Expansion | |
| Sears Carpet & Upholstery Care | |
| Leather Medic | |