Start-Up Costs and Fees |
||
| Room Evolutions | Precision Door Service | |
| Investment | 190000 - 320000 | 71255 - 314955 |
| Franchise Fee | ||
| Royalty Fee | 4% | $500/wk. to 6K/wk. |
| Advertising Fee | 1% | 3% |
| Year Founded | 1953 | 1997 |
| Year Franchised | 2008 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Precision Door Service | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Room Evolutions | Precision Door Service | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Room Evolutions | Precision Door Service | |
| Training | Initial one week orientation and ongoing | On-The-Job Training: 80 hours Classroom Training: 40 hours |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Marketing materials are created and available | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Number of Employees Required to Run: 3 - 6 | |
Expansion Plans |
||
| Room Evolutions | Precision Door Service | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| Precision Door Service | |
| Franchise Fee | |
| Room Evolutions | |
| Precision Door Service | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Precision Door Service | $500/wk. to 6K/wk. |
| Advertising Fee | |
| Room Evolutions | 1% |
| Precision Door Service | 3% |
| Year Founded | |
| Room Evolutions | 1953 |
| Precision Door Service | 1997 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Precision Door Service | 1999 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Precision Door Service | 10 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Precision Door Service | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Precision Door Service | |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Precision Door Service | No |
| Start-up Costs | |
| Room Evolutions | |
| Precision Door Service | |
| Equipment | |
| Room Evolutions} | |
| Precision Door Service | |
| Inventory | |
| Room Evolutions | |
| Precision Door Service | |
| Receivables | |
| Room Evolutions | |
| Precision Door Service | |
| Payroll | |
| Room Evolutions | |
| Precision Door Service | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| Precision Door Service | On-The-Job Training: 80 hours Classroom Training: 40 hours |
| Support | |
| Room Evolutions | |
| Precision Door Service | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Precision Door Service | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Room Evolutions | |
| Precision Door Service | Number of Employees Required to Run: 3 - 6 |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Precision Door Service | 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 | |
| Precision Door Service | 0 |
| International Expansion | |
| Room Evolutions | |
| Precision Door Service | |