Start-Up Costs and Fees |
||
| Room Evolutions | Jet-Black | |
| Investment | 190000 - 320000 | 71600 - 125340 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 1%-8% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 1988 |
| Year Franchised | 2008 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Jet-Black | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | General business experience Interpersonal skills; management experience preferred |
Financing Options |
||
| Room Evolutions | Jet-Black | |
| 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 | Jet-Black | |
| Training | Initial one week orientation and ongoing | On-The-Job Training: 24+ hours Classroom Training: 16+ hours Additional Training: At advanced training seminars |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Marketing materials are created and available | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Room Evolutions | Jet-Black | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| Jet-Black | |
| Franchise Fee | |
| Room Evolutions | |
| Jet-Black | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Jet-Black | 1%-8% |
| Advertising Fee | |
| Room Evolutions | 1% |
| Jet-Black | |
| Year Founded | |
| Room Evolutions | 1953 |
| Jet-Black | 1988 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Jet-Black | 1993 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Jet-Black | 15 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Jet-Black | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Jet-Black | General business experience Interpersonal skills; management experience preferred |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Jet-Black | No |
| Start-up Costs | |
| Room Evolutions | |
| Jet-Black | |
| Equipment | |
| Room Evolutions} | |
| Jet-Black | |
| Inventory | |
| Room Evolutions | |
| Jet-Black | |
| Receivables | |
| Room Evolutions | |
| Jet-Black | |
| Payroll | |
| Room Evolutions | |
| Jet-Black | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| Jet-Black | On-The-Job Training: 24+ hours Classroom Training: 16+ hours Additional Training: At advanced training seminars |
| Support | |
| Room Evolutions | |
| Jet-Black | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Jet-Black | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Room Evolutions | |
| Jet-Black | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Jet-Black | 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 | |
| Jet-Black | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Room Evolutions | |
| Jet-Black | Canada, |