Start-Up Costs and Fees |
||
| Rainbow International Restoration | Sears Carpet & Upholstery Care | |
| Investment | 148675 - 241100 | 76500 - 433300 |
| Franchise Fee | 0 | |
| Royalty Fee | 3-7% | 8% |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1992 |
| Year Franchised | 1981 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rainbow International Restoration | Sears Carpet & Upholstery Care | |
| Experience | It is helpful, but not necessary to have industry specific, general business and marketing experience. | General business experience Marketing skills Sales experience helpful |
Financing Options |
||
| Rainbow International Restoration | Sears Carpet & Upholstery Care | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Rainbow International Restoration | Sears Carpet & Upholstery Care | |
| Training | ||
| Support | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. | Co-op advertising, Ad slicks, National media |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
||
| Rainbow International Restoration | Sears Carpet & Upholstery Care | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
| Franchise Fee | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
| Royalty Fee | |
| Rainbow International Restoration | 3-7% |
| Sears Carpet & Upholstery Care | 8% |
| Advertising Fee | |
| Rainbow International Restoration | 2% |
| Sears Carpet & Upholstery Care | |
| Year Founded | |
| Rainbow International Restoration | 1981 |
| Sears Carpet & Upholstery Care | 1992 |
| Year Franchised | |
| Rainbow International Restoration | 1981 |
| Sears Carpet & Upholstery Care | 1999 |
| Term Of Agreement | |
| Rainbow International Restoration | 10 years |
| Sears Carpet & Upholstery Care | 10 years |
| Renewal Fee | |
| Rainbow International Restoration | $5,000 |
| Sears Carpet & Upholstery Care | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Rainbow International Restoration | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
| Sears Carpet & Upholstery Care | General business experience Marketing skills Sales experience helpful |
Financing Options |
|
| Franchise Fees | |
| Rainbow International Restoration | Yes |
| Sears Carpet & Upholstery Care | Yes |
| Start-up Costs | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
| Equipment | |
| Rainbow International Restoration} | |
| Sears Carpet & Upholstery Care | |
| Inventory | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
| Receivables | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
| Payroll | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
Training & Support |
|
| Training | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |
| Support | |
| Rainbow International Restoration | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. |
| Sears Carpet & Upholstery Care | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Rainbow International Restoration | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. |
| Sears Carpet & Upholstery Care | Co-op advertising, Ad slicks, National media |
| Operations | |
| Rainbow International Restoration | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Sears Carpet & Upholstery Care | Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Rainbow International Restoration | 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 |
| Sears Carpet & Upholstery Care | |
| Canada Expansion | |
| Rainbow International Restoration | 0 |
| Sears Carpet & Upholstery Care | |
| International Expansion | |
| Rainbow International Restoration | |
| Sears Carpet & Upholstery Care | |