Start-Up Costs and Fees |
||
| Sears Carpet & Upholstery Care | Rainbow International Restoration | |
| Investment | 76500 - 433300 | 148675 - 241100 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 3-7% |
| Advertising Fee | 2% | |
| Year Founded | 1992 | 1981 |
| Year Franchised | 1999 | 1981 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sears Carpet & Upholstery Care | Rainbow International Restoration | |
| Experience | General business experience Marketing skills Sales experience helpful | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
Financing Options |
||
| Sears Carpet & Upholstery Care | Rainbow International Restoration | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sears Carpet & Upholstery Care | Rainbow International Restoration | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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. |
| Marketing | Co-op advertising, Ad slicks, National media | 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. |
| Operations | 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) | 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) |
Expansion Plans |
||
| Sears Carpet & Upholstery Care | Rainbow International Restoration | |
| 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 | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
| Franchise Fee | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
| Royalty Fee | |
| Sears Carpet & Upholstery Care | 8% |
| Rainbow International Restoration | 3-7% |
| Advertising Fee | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | 2% |
| Year Founded | |
| Sears Carpet & Upholstery Care | 1992 |
| Rainbow International Restoration | 1981 |
| Year Franchised | |
| Sears Carpet & Upholstery Care | 1999 |
| Rainbow International Restoration | 1981 |
| Term Of Agreement | |
| Sears Carpet & Upholstery Care | 10 years |
| Rainbow International Restoration | 10 years |
| Renewal Fee | |
| Sears Carpet & Upholstery Care | $2.5K |
| Rainbow International Restoration | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Sears Carpet & Upholstery Care | General business experience Marketing skills Sales experience helpful |
| Rainbow International Restoration | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
Financing Options |
|
| Franchise Fees | |
| Sears Carpet & Upholstery Care | Yes |
| Rainbow International Restoration | Yes |
| Start-up Costs | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
| Equipment | |
| Sears Carpet & Upholstery Care} | |
| Rainbow International Restoration | |
| Inventory | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
| Receivables | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
| Payroll | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
Training & Support |
|
| Training | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |
| Support | |
| Sears Carpet & Upholstery Care | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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. |
| Marketing | |
| Sears Carpet & Upholstery Care | Co-op advertising, Ad slicks, National media |
| 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. |
| Operations | |
| 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) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Sears Carpet & Upholstery Care | |
| 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 |
| Canada Expansion | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | 0 |
| International Expansion | |
| Sears Carpet & Upholstery Care | |
| Rainbow International Restoration | |