Start-Up Costs and Fees |
||
| Room Evolutions | LEI Home Enhancements | |
| Investment | 190000 - 320000 | 71100 - 141700 |
| Franchise Fee | ||
| Royalty Fee | 4% | |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 2017 |
| Year Franchised | 2008 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | LEI Home Enhancements | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Room Evolutions | LEI Home Enhancements | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Room Evolutions | LEI Home Enhancements | |
| Training | Initial one week orientation and ongoing | |
| Support | ||
| Marketing | Marketing materials are created and available | |
| Operations | ||
Expansion Plans |
||
| Room Evolutions | LEI Home Enhancements | |
| 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 | |
| LEI Home Enhancements | |
| Franchise Fee | |
| Room Evolutions | |
| LEI Home Enhancements | |
| Royalty Fee | |
| Room Evolutions | 4% |
| LEI Home Enhancements | |
| Advertising Fee | |
| Room Evolutions | 1% |
| LEI Home Enhancements | |
| Year Founded | |
| Room Evolutions | 1953 |
| LEI Home Enhancements | 2017 |
| Year Franchised | |
| Room Evolutions | 2008 |
| LEI Home Enhancements | 2017 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| LEI Home Enhancements | |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| LEI Home Enhancements | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| LEI Home Enhancements | |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| LEI Home Enhancements | No |
| Start-up Costs | |
| Room Evolutions | |
| LEI Home Enhancements | |
| Equipment | |
| Room Evolutions} | |
| LEI Home Enhancements | |
| Inventory | |
| Room Evolutions | |
| LEI Home Enhancements | |
| Receivables | |
| Room Evolutions | |
| LEI Home Enhancements | |
| Payroll | |
| Room Evolutions | |
| LEI Home Enhancements | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| LEI Home Enhancements | |
| Support | |
| Room Evolutions | |
| LEI Home Enhancements | |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| LEI Home Enhancements | |
| Operations | |
| Room Evolutions | |
| LEI Home Enhancements | |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| LEI Home Enhancements | 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 | |
| LEI Home Enhancements | |
| International Expansion | |
| Room Evolutions | |
| LEI Home Enhancements | |