Start-Up Costs and Fees |
||
| Basement Living Systems USA | Epcon Communities | |
| Investment | 190000 - 320000 | 887200 - 4569000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 1% to 2% |
| Advertising Fee | 1% | $500/ month |
| Year Founded | 1953 | 1986 |
| Year Franchised | 2008 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | Epcon Communities | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | General business experience Upper management experience |
Financing Options |
||
| Basement Living Systems USA | Epcon Communities | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Basement Living Systems USA | Epcon Communities | |
| Training | Initial one week orientation and ongoing | Available at headquarters |
| Support | Toll-free phone line, field consultants, Intranet, marketing, training | |
| Marketing | Marketing materials are created and available | Marketing plans, materials, field support |
| Operations | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Basement Living Systems USA | Epcon Communities | |
| 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 | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| Epcon Communities | |
| Franchise Fee | |
| Basement Living Systems USA | |
| Epcon Communities | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| Epcon Communities | 1% to 2% |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| Epcon Communities | $500/ month |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| Epcon Communities | 1986 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| Epcon Communities | 1995 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Epcon Communities | Completion of 1 market area |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| Epcon Communities | $25,000 |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Epcon Communities | General business experience Upper management experience |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| Epcon Communities | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| Epcon Communities | |
| Equipment | |
| Basement Living Systems USA} | |
| Epcon Communities | |
| Inventory | |
| Basement Living Systems USA | |
| Epcon Communities | |
| Receivables | |
| Basement Living Systems USA | |
| Epcon Communities | |
| Payroll | |
| Basement Living Systems USA | |
| Epcon Communities | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Epcon Communities | Available at headquarters |
| Support | |
| Basement Living Systems USA | |
| Epcon Communities | Toll-free phone line, field consultants, Intranet, marketing, training |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| Epcon Communities | Marketing plans, materials, field support |
| Operations | |
| Basement Living Systems USA | |
| Epcon Communities | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Epcon Communities | |
| Canada Expansion | |
| Basement Living Systems USA | |
| Epcon Communities | |
| International Expansion | |
| Basement Living Systems USA | |
| Epcon Communities | Canada, |