Start-Up Costs and Fees |
||
| Craters & Freighters | SOHO Hero | |
| Investment | 176850 - 276500 | 175000 - 190000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1990 | 1997 |
| Year Franchised | 1991 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Craters & Freighters | SOHO Hero | |
| Experience | It is not necessary to have a background in packaging, crate building, or transportation to operate our franchise. Our franchise owners come from widely varied backgrounds from Doctors to CPA's to Engineers. Our staff has the experience and credentials to guide you through an extensive training process in all aspects of running the operation including packaging, crating, and shipping procedures to administration, accounting, marketing, & sales. | |
Financing Options |
||
| Craters & Freighters | SOHO Hero | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Craters & Freighters | SOHO Hero | |
| Training | 10-day training program in Golden, CO Training includes classroom and hands-on experience in an operating franchise in Colorado. Owners are trained on, and provided with, the company's proprietary eBusiness Management System Software, Center Opening Handbook, Operations Manual, Policy and Procedures Manual, Freight Carriers Guide, Packaging & Crating Manual and Marketing Manual. Also includes business preparation, proprietary software, pick-up and delivery, transportation, bills of lading, shipping invoices, accounting, marketing, advertising, promotion, start-up operations, pricing and quoting, packaging and crating, insurance, tracers and claims, warehousing, personnel and international shipping. | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Craters & Freighters | SOHO Hero | |
| US Expansion | Alaska, Alabama, Arizona, California, Delaware, Hawaii, Iowa, Idaho, Illinois, Indiana, Massachusetts, Michigan, New Jersey, New Mexico, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Wisconsin, | Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Craters & Freighters | |
| SOHO Hero | |
| Franchise Fee | |
| Craters & Freighters | |
| SOHO Hero | |
| Royalty Fee | |
| Craters & Freighters | 5% |
| SOHO Hero | 5% |
| Advertising Fee | |
| Craters & Freighters | 1% |
| SOHO Hero | 2% |
| Year Founded | |
| Craters & Freighters | 1990 |
| SOHO Hero | 1997 |
| Year Franchised | |
| Craters & Freighters | 1991 |
| SOHO Hero | 2000 |
| Term Of Agreement | |
| Craters & Freighters | 15 years |
| SOHO Hero | |
| Renewal Fee | |
| Craters & Freighters | |
| SOHO Hero | |
Business Experience Requirements |
|
| Experience | |
| Craters & Freighters | It is not necessary to have a background in packaging, crate building, or transportation to operate our franchise. Our franchise owners come from widely varied backgrounds from Doctors to CPA's to Engineers. Our staff has the experience and credentials to guide you through an extensive training process in all aspects of running the operation including packaging, crating, and shipping procedures to administration, accounting, marketing, & sales. |
| SOHO Hero | |
Financing Options |
|
| Franchise Fees | |
| Craters & Freighters | No |
| SOHO Hero | No |
| Start-up Costs | |
| Craters & Freighters | |
| SOHO Hero | |
| Equipment | |
| Craters & Freighters} | |
| SOHO Hero | |
| Inventory | |
| Craters & Freighters | |
| SOHO Hero | |
| Receivables | |
| Craters & Freighters | |
| SOHO Hero | |
| Payroll | |
| Craters & Freighters | |
| SOHO Hero | |
Training & Support |
|
| Training | |
| Craters & Freighters | 10-day training program in Golden, CO Training includes classroom and hands-on experience in an operating franchise in Colorado. Owners are trained on, and provided with, the company's proprietary eBusiness Management System Software, Center Opening Handbook, Operations Manual, Policy and Procedures Manual, Freight Carriers Guide, Packaging & Crating Manual and Marketing Manual. Also includes business preparation, proprietary software, pick-up and delivery, transportation, bills of lading, shipping invoices, accounting, marketing, advertising, promotion, start-up operations, pricing and quoting, packaging and crating, insurance, tracers and claims, warehousing, personnel and international shipping. |
| SOHO Hero | |
| Support | |
| Craters & Freighters | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| SOHO Hero | |
| Marketing | |
| Craters & Freighters | Ad slicks, National media |
| SOHO Hero | |
| Operations | |
| Craters & Freighters | 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| SOHO Hero | |
Expansion Plans |
|
| US Expansion | |
| Craters & Freighters | Alaska, Alabama, Arizona, California, Delaware, Hawaii, Iowa, Idaho, Illinois, Indiana, Massachusetts, Michigan, New Jersey, New Mexico, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Wisconsin, |
| SOHO Hero | Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee |
| Canada Expansion | |
| Craters & Freighters | |
| SOHO Hero | 0 |
| International Expansion | |
| Craters & Freighters | |
| SOHO Hero | |