Start-Up Costs and Fees |
||
| Room Evolutions | More Space Place | |
| Investment | 190000 - 320000 | 102800 - 185100 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 0 |
| Year Franchised | 2008 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | More Space Place | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Room Evolutions | More Space Place | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Room Evolutions | More Space Place | |
| Training | Initial one week orientation and ongoing | |
| Support | ||
| Marketing | Marketing materials are created and available | |
| Operations | ||
Expansion Plans |
||
| Room Evolutions | More Space Place | |
| 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 | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| More Space Place | |
| Franchise Fee | |
| Room Evolutions | |
| More Space Place | |
| Royalty Fee | |
| Room Evolutions | 4% |
| More Space Place | 5% |
| Advertising Fee | |
| Room Evolutions | 1% |
| More Space Place | |
| Year Founded | |
| Room Evolutions | 1953 |
| More Space Place | 0 |
| Year Franchised | |
| Room Evolutions | 2008 |
| More Space Place | 0 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| More Space Place | 10 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| More Space Place | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| More Space Place | |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| More Space Place | No |
| Start-up Costs | |
| Room Evolutions | |
| More Space Place | |
| Equipment | |
| Room Evolutions} | |
| More Space Place | |
| Inventory | |
| Room Evolutions | |
| More Space Place | |
| Receivables | |
| Room Evolutions | |
| More Space Place | |
| Payroll | |
| Room Evolutions | |
| More Space Place | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| More Space Place | |
| Support | |
| Room Evolutions | |
| More Space Place | |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| More Space Place | |
| Operations | |
| Room Evolutions | |
| More Space Place | |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| More Space Place | 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 | |
| More Space Place | |
| International Expansion | |
| Room Evolutions | |
| More Space Place | Canada, Mexico, |