Start-Up Costs and Fees |
||
| ColorTyme | Bellini Furniture | |
| Investment | 229575 - 357500 | 139500 - 278000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | $250/ mo | |
| Year Founded | 1979 | 1977 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ColorTyme | Bellini Furniture | |
| Experience | ? Business Experience: ? Industry experience ? General business experience ? Marketing skills | |
Financing Options |
||
| ColorTyme | Bellini Furniture | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| ColorTyme | Bellini Furniture | |
| Training | 4 Weeks | All franchise owners must attend an extensive Franchise Training Program. We provide, at no charge, personnel, materials and equipment. You are responsible for all other expenses, including transportation, lodging and meals. |
| Support | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees | |
| Marketing | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support | |
| Operations | ? 49% of all franchisees own more than one unit ? Number of employees needed to run franchised unit: 5 ? Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) ? Average Number of Employees: 5 Full-time, 0 Part-time | |
Expansion Plans |
||
| ColorTyme | Bellini Furniture | |
| 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 | |
| ColorTyme | |
| Bellini Furniture | |
| Franchise Fee | |
| ColorTyme | |
| Bellini Furniture | |
| Royalty Fee | |
| ColorTyme | 4% |
| Bellini Furniture | |
| Advertising Fee | |
| ColorTyme | $250/ mo |
| Bellini Furniture | |
| Year Founded | |
| ColorTyme | 1979 |
| Bellini Furniture | 1977 |
| Year Franchised | |
| ColorTyme | 1982 |
| Bellini Furniture | 0 |
| Term Of Agreement | |
| ColorTyme | 5-10 years |
| Bellini Furniture | 10 years |
| Renewal Fee | |
| ColorTyme | |
| Bellini Furniture | |
Business Experience Requirements |
|
| Experience | |
| ColorTyme | ? Business Experience: ? Industry experience ? General business experience ? Marketing skills |
| Bellini Furniture | |
Financing Options |
|
| Franchise Fees | |
| ColorTyme | No |
| Bellini Furniture | No |
| Start-up Costs | |
| ColorTyme | |
| Bellini Furniture | |
| Equipment | |
| ColorTyme} | |
| Bellini Furniture | |
| Inventory | |
| ColorTyme | |
| Bellini Furniture | |
| Receivables | |
| ColorTyme | |
| Bellini Furniture | |
| Payroll | |
| ColorTyme | |
| Bellini Furniture | |
Training & Support |
|
| Training | |
| ColorTyme | 4 Weeks |
| Bellini Furniture | All franchise owners must attend an extensive Franchise Training Program. We provide, at no charge, personnel, materials and equipment. You are responsible for all other expenses, including transportation, lodging and meals. |
| Support | |
| ColorTyme | o Central Purchasing: Included in Fees o Field Operation Evaluation: Included in Fees o Field Training: Included in Fees o Initial Store Opening: Included in Fees o Inventory Control: Included in Fees o Franchisee Newsletter: Included in Fees o Regional or National Meetings: Included in Fees |
| Bellini Furniture | |
| Marketing | |
| ColorTyme | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services: customized ads *Other Marketing Support |
| Bellini Furniture | |
| Operations | |
| ColorTyme | ? 49% of all franchisees own more than one unit ? Number of employees needed to run franchised unit: 5 ? Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) ? Average Number of Employees: 5 Full-time, 0 Part-time |
| Bellini Furniture | |
Expansion Plans |
|
| US Expansion | |
| ColorTyme | 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 |
| Bellini Furniture | |
| Canada Expansion | |
| ColorTyme | |
| Bellini Furniture | |
| International Expansion | |
| ColorTyme | |
| Bellini Furniture | |