Start-Up Costs and Fees |
||
| Sonitrol | MonitorClosely.com | |
| Investment | 148000 - 474000 | 45000 - 60000 |
| Franchise Fee | ||
| Royalty Fee | 2.50% | 8% |
| Advertising Fee | 2% | |
| Year Founded | 1964 | 2006 |
| Year Franchised | 1965 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sonitrol | MonitorClosely.com | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Sonitrol | MonitorClosely.com | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sonitrol | MonitorClosely.com | |
| Training | ||
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Sonitrol | MonitorClosely.com | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sonitrol | |
| MonitorClosely.com | |
| Franchise Fee | |
| Sonitrol | |
| MonitorClosely.com | |
| Royalty Fee | |
| Sonitrol | 2.50% |
| MonitorClosely.com | 8% |
| Advertising Fee | |
| Sonitrol | |
| MonitorClosely.com | 2% |
| Year Founded | |
| Sonitrol | 1964 |
| MonitorClosely.com | 2006 |
| Year Franchised | |
| Sonitrol | 1965 |
| MonitorClosely.com | 2006 |
| Term Of Agreement | |
| Sonitrol | 10 years |
| MonitorClosely.com | 5 years |
| Renewal Fee | |
| Sonitrol | |
| MonitorClosely.com | |
Business Experience Requirements |
|
| Experience | |
| Sonitrol | General business experience Marketing skills |
| MonitorClosely.com | |
Financing Options |
|
| Franchise Fees | |
| Sonitrol | No |
| MonitorClosely.com | No |
| Start-up Costs | |
| Sonitrol | |
| MonitorClosely.com | |
| Equipment | |
| Sonitrol} | |
| MonitorClosely.com | |
| Inventory | |
| Sonitrol | |
| MonitorClosely.com | |
| Receivables | |
| Sonitrol | |
| MonitorClosely.com | |
| Payroll | |
| Sonitrol | |
| MonitorClosely.com | |
Training & Support |
|
| Training | |
| Sonitrol | |
| MonitorClosely.com | |
| Support | |
| Sonitrol | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| MonitorClosely.com | |
| Marketing | |
| Sonitrol | Ad slicks |
| MonitorClosely.com | |
| Operations | |
| Sonitrol | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| MonitorClosely.com | |
Expansion Plans |
|
| US Expansion | |
| Sonitrol | |
| MonitorClosely.com | |
| Canada Expansion | |
| Sonitrol | 0 |
| MonitorClosely.com | 0 |
| International Expansion | |
| Sonitrol | |
| MonitorClosely.com | |