Start-Up Costs and Fees |
||
| Basement Living Systems USA | CRATE | |
| Investment | 190000 - 320000 | 100424 - 177999 |
| Franchise Fee | ||
| Royalty Fee | 4% | 2%-4% |
| Advertising Fee | 1% | $38,500 - $42,000 annually |
| Year Founded | 1953 | 2011 |
| Year Franchised | 2008 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | CRATE | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
||
| Basement Living Systems USA | CRATE | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Basement Living Systems USA | CRATE | |
| Training | Initial one week orientation and ongoing | Ongoing |
| Support | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. | |
| Marketing | Marketing materials are created and available | |
| Operations | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. | |
Expansion Plans |
||
| Basement Living Systems USA | CRATE | |
| US Expansion | 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 | Arizona, California, Nevada, Oregon |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| CRATE | |
| Franchise Fee | |
| Basement Living Systems USA | |
| CRATE | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| CRATE | 2%-4% |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| CRATE | $38,500 - $42,000 annually |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| CRATE | 2011 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| CRATE | 2015 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| CRATE | |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| CRATE | |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| CRATE | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| CRATE | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| CRATE | |
| Equipment | |
| Basement Living Systems USA} | |
| CRATE | |
| Inventory | |
| Basement Living Systems USA | |
| CRATE | |
| Receivables | |
| Basement Living Systems USA | |
| CRATE | |
| Payroll | |
| Basement Living Systems USA | |
| CRATE | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| CRATE | Ongoing |
| Support | |
| Basement Living Systems USA | |
| CRATE | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| CRATE | |
| Operations | |
| Basement Living Systems USA | |
| CRATE | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
|
| US Expansion | |
| Basement Living Systems USA | 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 |
| CRATE | Arizona, California, Nevada, Oregon |
| Canada Expansion | |
| Basement Living Systems USA | |
| CRATE | |
| International Expansion | |
| Basement Living Systems USA | |
| CRATE | |