Start-Up Costs and Fees |
||
| Room Evolutions | Archadeck | |
| Investment | 190000 - 320000 | 75950 - 103550 |
| Franchise Fee | ||
| Royalty Fee | 4% | 3%-6% |
| Advertising Fee | 1% | 1.50% |
| Year Founded | 1953 | 1980 |
| Year Franchised | 2008 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Archadeck | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | General business experience |
Financing Options |
||
| Room Evolutions | Archadeck | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| Room Evolutions | Archadeck | |
| Training | Initial one week orientation and ongoing | Classroom Training: 116 hours Additional Training: Additional training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Marketing materials are created and available | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise allowed. | |
Expansion Plans |
||
| Room Evolutions | Archadeck | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | Alabama, Arizona, California, Colorado, Delaware, Florida, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Mississippi, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| Archadeck | |
| Franchise Fee | |
| Room Evolutions | |
| Archadeck | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Archadeck | 3%-6% |
| Advertising Fee | |
| Room Evolutions | 1% |
| Archadeck | 1.50% |
| Year Founded | |
| Room Evolutions | 1953 |
| Archadeck | 1980 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Archadeck | 1984 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Archadeck | 8 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Archadeck | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Archadeck | General business experience |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Archadeck | No |
| Start-up Costs | |
| Room Evolutions | |
| Archadeck | |
| Equipment | |
| Room Evolutions} | |
| Archadeck | |
| Inventory | |
| Room Evolutions | |
| Archadeck | |
| Receivables | |
| Room Evolutions | |
| Archadeck | |
| Payroll | |
| Room Evolutions | |
| Archadeck | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| Archadeck | Classroom Training: 116 hours Additional Training: Additional training |
| Support | |
| Room Evolutions | |
| Archadeck | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Archadeck | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Room Evolutions | |
| Archadeck | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise allowed. |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Archadeck | Alabama, Arizona, California, Colorado, Delaware, Florida, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Mississippi, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, |
| Canada Expansion | |
| Room Evolutions | |
| Archadeck | 0 |
| International Expansion | |
| Room Evolutions | |
| Archadeck | |