Start-Up Costs and Fees |
||
| Room Evolutions | CRATE | |
| Investment | 190000 - 320000 | 100424 - 177999 |
| Franchise Fee | ||
| Royalty Fee | 4% | 2%-4% |
| Advertising Fee | 1% | $38,500 - $42,000 annually |
| Year Founded | 1953 | 2011 |
| Year Franchised | 2008 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | CRATE | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
||
| Room Evolutions | CRATE | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Room Evolutions | CRATE | |
| Training | Initial one week orientation and ongoing | Ongoing |
| Support | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. | |
| Marketing | Marketing materials are created and available | |
| Operations | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. | |
Expansion Plans |
||
| Room Evolutions | CRATE | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | Arizona, California, Nevada, Oregon |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| CRATE | |
| Franchise Fee | |
| Room Evolutions | |
| CRATE | |
| Royalty Fee | |
| Room Evolutions | 4% |
| CRATE | 2%-4% |
| Advertising Fee | |
| Room Evolutions | 1% |
| CRATE | $38,500 - $42,000 annually |
| Year Founded | |
| Room Evolutions | 1953 |
| CRATE | 2011 |
| Year Franchised | |
| Room Evolutions | 2008 |
| CRATE | 2015 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| CRATE | |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| CRATE | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| CRATE | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| CRATE | No |
| Start-up Costs | |
| Room Evolutions | |
| CRATE | |
| Equipment | |
| Room Evolutions} | |
| CRATE | |
| Inventory | |
| Room Evolutions | |
| CRATE | |
| Receivables | |
| Room Evolutions | |
| CRATE | |
| Payroll | |
| Room Evolutions | |
| CRATE | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| CRATE | Ongoing |
| Support | |
| Room Evolutions | |
| CRATE | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| CRATE | |
| Operations | |
| Room Evolutions | |
| CRATE | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| CRATE | Arizona, California, Nevada, Oregon |
| Canada Expansion | |
| Room Evolutions | |
| CRATE | |
| International Expansion | |
| Room Evolutions | |
| CRATE | |