Start-Up Costs and Fees |
||
| Crestcom | Veteran Franchise Centers | |
| Investment | 85345 - 101699 | 47550 - 95800 |
| Franchise Fee | 0 | |
| Royalty Fee | 35.50% | |
| Advertising Fee | ||
| Year Founded | 1987 | 0 |
| Year Franchised | 1991 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Crestcom | Veteran Franchise Centers | |
| Experience | Most franchise companies require an acceptable net worth and a liquid capital investment, which can be in the form of cash, securities, 401K, or home equity. Veteran Franchise Centers partners with franchise companies at all investment levels, however the following are minimum requirements: *Typically a minimum of $10,000 cash is required and a net worth of $50,000. *Investments by friends, family, or partners can be included. *A reasonable credit score. | |
Financing Options |
||
| Crestcom | Veteran Franchise Centers | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Crestcom | Veteran Franchise Centers | |
| Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | 5 Days Initial Training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Ongoing Support, Education & Training |
| Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Crestcom | Veteran Franchise Centers | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Crestcom | |
| Veteran Franchise Centers | |
| Franchise Fee | |
| Crestcom | |
| Veteran Franchise Centers | |
| Royalty Fee | |
| Crestcom | 35.50% |
| Veteran Franchise Centers | |
| Advertising Fee | |
| Crestcom | |
| Veteran Franchise Centers | |
| Year Founded | |
| Crestcom | 1987 |
| Veteran Franchise Centers | 0 |
| Year Franchised | |
| Crestcom | 1991 |
| Veteran Franchise Centers | 0 |
| Term Of Agreement | |
| Crestcom | 7 years |
| Veteran Franchise Centers | |
| Renewal Fee | |
| Crestcom | $500 |
| Veteran Franchise Centers | |
Business Experience Requirements |
|
| Experience | |
| Crestcom | |
| Veteran Franchise Centers | Most franchise companies require an acceptable net worth and a liquid capital investment, which can be in the form of cash, securities, 401K, or home equity. Veteran Franchise Centers partners with franchise companies at all investment levels, however the following are minimum requirements: *Typically a minimum of $10,000 cash is required and a net worth of $50,000. *Investments by friends, family, or partners can be included. *A reasonable credit score. |
Financing Options |
|
| Franchise Fees | |
| Crestcom | Yes |
| Veteran Franchise Centers | Yes |
| Start-up Costs | |
| Crestcom | |
| Veteran Franchise Centers | |
| Equipment | |
| Crestcom} | |
| Veteran Franchise Centers | |
| Inventory | |
| Crestcom | |
| Veteran Franchise Centers | |
| Receivables | |
| Crestcom | |
| Veteran Franchise Centers | |
| Payroll | |
| Crestcom | |
| Veteran Franchise Centers | |
Training & Support |
|
| Training | |
| Crestcom | Classroom Training: 44 hours Additional Training: Bi-annual meetings |
| Veteran Franchise Centers | 5 Days Initial Training |
| Support | |
| Crestcom | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Veteran Franchise Centers | Ongoing Support, Education & Training |
| Marketing | |
| Crestcom | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Veteran Franchise Centers | |
| Operations | |
| Crestcom | Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Veteran Franchise Centers | |
Expansion Plans |
|
| US Expansion | |
| Crestcom | |
| Veteran Franchise Centers | |
| Canada Expansion | |
| Crestcom | |
| Veteran Franchise Centers | |
| International Expansion | |
| Crestcom | |
| Veteran Franchise Centers | |