Start-Up Costs and Fees |
||
| Room Evolutions | HOCOA | |
| Investment | 190000 - 320000 | 101000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 4% | |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 1994 |
| Year Franchised | 2008 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | HOCOA | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Room Evolutions | HOCOA | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Room Evolutions | HOCOA | |
| Training | Initial one week orientation and ongoing | |
| Support | ||
| Marketing | Marketing materials are created and available | |
| Operations | ||
Expansion Plans |
||
| Room Evolutions | HOCOA | |
| 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 | |
| HOCOA | |
| Franchise Fee | |
| Room Evolutions | |
| HOCOA | |
| Royalty Fee | |
| Room Evolutions | 4% |
| HOCOA | |
| Advertising Fee | |
| Room Evolutions | 1% |
| HOCOA | |
| Year Founded | |
| Room Evolutions | 1953 |
| HOCOA | 1994 |
| Year Franchised | |
| Room Evolutions | 2008 |
| HOCOA | 1999 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| HOCOA | |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| HOCOA | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| HOCOA | |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| HOCOA | No |
| Start-up Costs | |
| Room Evolutions | |
| HOCOA | |
| Equipment | |
| Room Evolutions} | |
| HOCOA | |
| Inventory | |
| Room Evolutions | |
| HOCOA | |
| Receivables | |
| Room Evolutions | |
| HOCOA | |
| Payroll | |
| Room Evolutions | |
| HOCOA | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| HOCOA | |
| Support | |
| Room Evolutions | |
| HOCOA | |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| HOCOA | |
| Operations | |
| Room Evolutions | |
| HOCOA | |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| HOCOA | 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 | |
| HOCOA | |
| International Expansion | |
| Room Evolutions | |
| HOCOA | |