Start-Up Costs and Fees |
||
| Steam Brothers | Basement Living Systems USA | |
| Investment | 22000 - 53500 | 190000 - 320000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5-6.5% | 4% |
| Advertising Fee | 1% | |
| Year Founded | 1977 | 1953 |
| Year Franchised | 1984 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Steam Brothers | Basement Living Systems USA | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Steam Brothers | 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 |
||
| Steam Brothers | Basement Living Systems USA | |
| Training | Initial one week orientation and ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | Marketing materials are created and available |
| Operations | 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 |
||
| Steam Brothers | Basement Living Systems USA | |
| US Expansion | Mid West, | 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 | |
| Steam Brothers | |
| Basement Living Systems USA | |
| Franchise Fee | |
| Steam Brothers | |
| Basement Living Systems USA | |
| Royalty Fee | |
| Steam Brothers | 5-6.5% |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| Steam Brothers | |
| Basement Living Systems USA | 1% |
| Year Founded | |
| Steam Brothers | 1977 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| Steam Brothers | 1984 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| Steam Brothers | 10 years |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| Steam Brothers | $1K |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Steam Brothers | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Steam Brothers | No |
| Basement Living Systems USA | No |
| Start-up Costs | |
| Steam Brothers | |
| Basement Living Systems USA | |
| Equipment | |
| Steam Brothers} | |
| Basement Living Systems USA | |
| Inventory | |
| Steam Brothers | |
| Basement Living Systems USA | |
| Receivables | |
| Steam Brothers | |
| Basement Living Systems USA | |
| Payroll | |
| Steam Brothers | |
| Basement Living Systems USA | |
Training & Support |
|
| Training | |
| Steam Brothers | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| Steam Brothers | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Basement Living Systems USA | |
| Marketing | |
| Steam Brothers | Ad slicks |
| Basement Living Systems USA | Marketing materials are created and available |
| Operations | |
| 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) |
| Basement Living Systems USA | |
Expansion Plans |
|
| US Expansion | |
| Steam Brothers | Mid West, |
| 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 | |
| Steam Brothers | |
| Basement Living Systems USA | |
| International Expansion | |
| Steam Brothers | |
| Basement Living Systems USA | |