Start-Up Costs and Fees |
||
| Room Evolutions | Ready Decks | |
| Investment | 190000 - 320000 | 144000 - 213000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 2001 |
| Year Franchised | 2008 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Ready Decks | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Room Evolutions | Ready Decks | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Room Evolutions | Ready Decks | |
| Training | Initial one week orientation and ongoing | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | ||
| Marketing | Marketing materials are created and available | |
| Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Room Evolutions | Ready Decks | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| Ready Decks | |
| Franchise Fee | |
| Room Evolutions | |
| Ready Decks | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Ready Decks | 5% |
| Advertising Fee | |
| Room Evolutions | 1% |
| Ready Decks | |
| Year Founded | |
| Room Evolutions | 1953 |
| Ready Decks | 2001 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Ready Decks | 2005 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Ready Decks | 10 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Ready Decks | $14,500 |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Ready Decks | |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Ready Decks | No |
| Start-up Costs | |
| Room Evolutions | |
| Ready Decks | |
| Equipment | |
| Room Evolutions} | |
| Ready Decks | |
| Inventory | |
| Room Evolutions | |
| Ready Decks | |
| Receivables | |
| Room Evolutions | |
| Ready Decks | |
| Payroll | |
| Room Evolutions | |
| Ready Decks | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| Ready Decks | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | |
| Room Evolutions | |
| Ready Decks | |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Ready Decks | |
| Operations | |
| Room Evolutions | |
| Ready Decks | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Ready Decks | 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 | |
| Room Evolutions | |
| Ready Decks | |
| International Expansion | |
| Room Evolutions | |
| Ready Decks | |