Start-Up Costs and Fees |
||
| Basement Living Systems USA | Steam Brothers | |
| Investment | 190000 - 320000 | 22000 - 53500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5-6.5% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 1977 |
| Year Franchised | 2008 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | Steam Brothers | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Basement Living Systems USA | Steam Brothers | |
| 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 | Steam Brothers | |
| Training | Initial one week orientation and ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Marketing materials are created and available | Ad slicks |
| Operations | Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Basement Living Systems USA | Steam Brothers | |
| 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 | Mid West, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| Steam Brothers | |
| Franchise Fee | |
| Basement Living Systems USA | |
| Steam Brothers | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| Steam Brothers | 5-6.5% |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| Steam Brothers | |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| Steam Brothers | 1977 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| Steam Brothers | 1984 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Steam Brothers | 10 years |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| Steam Brothers | $1K |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Steam Brothers | |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| Steam Brothers | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| Steam Brothers | |
| Equipment | |
| Basement Living Systems USA} | |
| Steam Brothers | |
| Inventory | |
| Basement Living Systems USA | |
| Steam Brothers | |
| Receivables | |
| Basement Living Systems USA | |
| Steam Brothers | |
| Payroll | |
| Basement Living Systems USA | |
| Steam Brothers | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Steam Brothers | |
| Support | |
| Basement Living Systems USA | |
| Steam Brothers | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| Steam Brothers | Ad slicks |
| Operations | |
| Basement Living Systems USA | |
| Steam Brothers | Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 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 |
| Steam Brothers | Mid West, |
| Canada Expansion | |
| Basement Living Systems USA | |
| Steam Brothers | |
| International Expansion | |
| Basement Living Systems USA | |
| Steam Brothers | |