Start-Up Costs and Fees |
||
| Room Evolutions | Basement Living Systems USA | |
| Investment | 190000 - 320000 | 190000 - 320000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 4% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1953 | 1953 |
| Year Franchised | 2008 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Basement Living Systems USA | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
||
| Room Evolutions | 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 |
||
| Room Evolutions | Basement Living Systems USA | |
| Training | Initial one week orientation and ongoing | Initial one week orientation and ongoing |
| Support | ||
| Marketing | Marketing materials are created and available | Marketing materials are created and available |
| Operations | ||
Expansion Plans |
||
| Room Evolutions | Basement Living Systems USA | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | 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 | |
| Room Evolutions | |
| Basement Living Systems USA | |
| Franchise Fee | |
| Room Evolutions | |
| Basement Living Systems USA | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| Room Evolutions | 1% |
| Basement Living Systems USA | 1% |
| Year Founded | |
| Room Evolutions | 1953 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Basement Living Systems USA | No |
| Start-up Costs | |
| Room Evolutions | |
| Basement Living Systems USA | |
| Equipment | |
| Room Evolutions} | |
| Basement Living Systems USA | |
| Inventory | |
| Room Evolutions | |
| Basement Living Systems USA | |
| Receivables | |
| Room Evolutions | |
| Basement Living Systems USA | |
| Payroll | |
| Room Evolutions | |
| Basement Living Systems USA | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| Room Evolutions | |
| Basement Living Systems USA | |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Basement Living Systems USA | Marketing materials are created and available |
| Operations | |
| Room Evolutions | |
| Basement Living Systems USA | |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| 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 | |
| Room Evolutions | |
| Basement Living Systems USA | |
| International Expansion | |
| Room Evolutions | |
| Basement Living Systems USA | |