Start-Up Costs and Fees |
||
| Stanley Steemer Carpet Cleaner | Color-Glo | |
| Investment | 117215 - 207200 | 56300 - 61375 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 4%+ |
| Advertising Fee | 2% | |
| Year Founded | 1947 | 1979 |
| Year Franchised | 1972 | 1983 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Stanley Steemer Carpet Cleaner | Color-Glo | |
| Experience | ||
Financing Options |
||
| Stanley Steemer Carpet Cleaner | Color-Glo | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | Yes |
| Inventory | Yes | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Stanley Steemer Carpet Cleaner | Color-Glo | |
| Training | Various training offered throughout the year | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 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) | 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: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
||
| Stanley Steemer Carpet Cleaner | Color-Glo | |
| 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 | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
| Franchise Fee | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
| Royalty Fee | |
| Stanley Steemer Carpet Cleaner | 7% |
| Color-Glo | 4%+ |
| Advertising Fee | |
| Stanley Steemer Carpet Cleaner | 2% |
| Color-Glo | |
| Year Founded | |
| Stanley Steemer Carpet Cleaner | 1947 |
| Color-Glo | 1979 |
| Year Franchised | |
| Stanley Steemer Carpet Cleaner | 1972 |
| Color-Glo | 1983 |
| Term Of Agreement | |
| Stanley Steemer Carpet Cleaner | 20 years |
| Color-Glo | 10 years |
| Renewal Fee | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
Business Experience Requirements |
|
| Experience | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
Financing Options |
|
| Franchise Fees | |
| Stanley Steemer Carpet Cleaner | Yes |
| Color-Glo | Yes |
| Start-up Costs | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
| Equipment | |
| Stanley Steemer Carpet Cleaner} | |
| Color-Glo | |
| Inventory | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
| Receivables | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
| Payroll | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | |
Training & Support |
|
| Training | |
| Stanley Steemer Carpet Cleaner | Various training offered throughout the year |
| Color-Glo | On-The-Job Training: 40 hours Classroom Training: 80 hours Ongoing training available |
| Support | |
| Stanley Steemer Carpet Cleaner | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
| Color-Glo | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Stanley Steemer Carpet Cleaner | Co-op advertising, Ad slicks, National media |
| Color-Glo | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| 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) |
| Color-Glo | 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: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Color-Glo | |
| Canada Expansion | |
| Stanley Steemer Carpet Cleaner | |
| Color-Glo | 0 |
| International Expansion | |
| Stanley Steemer Carpet Cleaner | Canada, |
| Color-Glo | |