Start-Up Costs and Fees |
||
| Rainbow International Restoration | Stanley Steemer Carpet Cleaner | |
| Investment | 148675 - 241100 | 117215 - 207200 |
| Franchise Fee | 0 | |
| Royalty Fee | 3-7% | 7% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1981 | 1947 |
| Year Franchised | 1981 | 1972 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rainbow International Restoration | Stanley Steemer Carpet Cleaner | |
| Experience | It is helpful, but not necessary to have industry specific, general business and marketing experience. | |
Financing Options |
||
| Rainbow International Restoration | Stanley Steemer Carpet Cleaner | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Rainbow International Restoration | Stanley Steemer Carpet Cleaner | |
| Training | Various training offered throughout the year | |
| 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 |
| 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. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 16 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Rainbow International Restoration | Stanley Steemer Carpet Cleaner | |
| 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 | 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 | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | |
| Franchise Fee | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | |
| Royalty Fee | |
| Rainbow International Restoration | 3-7% |
| Stanley Steemer Carpet Cleaner | 7% |
| Advertising Fee | |
| Rainbow International Restoration | 2% |
| Stanley Steemer Carpet Cleaner | 2% |
| Year Founded | |
| Rainbow International Restoration | 1981 |
| Stanley Steemer Carpet Cleaner | 1947 |
| Year Franchised | |
| Rainbow International Restoration | 1981 |
| Stanley Steemer Carpet Cleaner | 1972 |
| Term Of Agreement | |
| Rainbow International Restoration | 10 years |
| Stanley Steemer Carpet Cleaner | 20 years |
| Renewal Fee | |
| Rainbow International Restoration | $5,000 |
| Stanley Steemer Carpet Cleaner | |
Business Experience Requirements |
|
| Experience | |
| Rainbow International Restoration | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
| Stanley Steemer Carpet Cleaner | |
Financing Options |
|
| Franchise Fees | |
| Rainbow International Restoration | Yes |
| Stanley Steemer Carpet Cleaner | Yes |
| Start-up Costs | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | |
| Equipment | |
| Rainbow International Restoration} | |
| Stanley Steemer Carpet Cleaner | |
| Inventory | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | |
| Receivables | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | |
| Payroll | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | |
Training & Support |
|
| Training | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | Various training offered throughout the year |
| 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. |
| Stanley Steemer Carpet Cleaner | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| 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. |
| Stanley Steemer Carpet Cleaner | 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) |
| Stanley Steemer Carpet Cleaner | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 16 Absentee ownership of franchise is allowed. (95% 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 |
| Stanley Steemer Carpet Cleaner | 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 | |
| Rainbow International Restoration | 0 |
| Stanley Steemer Carpet Cleaner | |
| International Expansion | |
| Rainbow International Restoration | |
| Stanley Steemer Carpet Cleaner | Canada, |