Start-Up Costs and Fees |
||
| Tailored Living | Basement Living Systems USA | |
| Investment | 172930 - 284295 | 190000 - 320000 |
| Franchise Fee | ||
| Royalty Fee | $300-$2K/mo. | 4% |
| Advertising Fee | $500/mo. | 1% |
| Year Founded | 2006 | 1953 |
| Year Franchised | 2006 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tailored Living | Basement Living Systems USA | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Tailored Living | Basement Living Systems USA | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tailored Living | Basement Living Systems USA | |
| Training | *National Convention *Regional workshops and marketing seminars *Monthly Continued Education webinars *Monthly Drawing Board design webinars *Professional in-house technology solutions experts *Online forums for networking and exchange of best practices Classroom Training: 82 hours Additional Training: Regional training | Initial one week orientation and ongoing |
| Support | Tailored Living provides franchisees with D VinciTM software that helps customers envision their storage solutions during in-home consultations. Training on how to use the software is provided so that you can use this powerful tool to help you close more sales. Get your questions answered by experts. Business Coaches are there to help ensure your business is running smoothly. Workshops Learn from the best. We bring in top industry speakers to keep you informed on the latest trends and product innovations. Plus, you can exchange tips and industry knowledge with other franchisees. Online and Toll-free Phone Support You can get answers fast from our technical support system. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Marketing materials are created and available |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| Tailored Living | Basement Living Systems USA | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tailored Living | |
| Basement Living Systems USA | |
| Franchise Fee | |
| Tailored Living | |
| Basement Living Systems USA | |
| Royalty Fee | |
| Tailored Living | $300-$2K/mo. |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| Tailored Living | $500/mo. |
| Basement Living Systems USA | 1% |
| Year Founded | |
| Tailored Living | 2006 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| Tailored Living | 2006 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| Tailored Living | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| Tailored Living | |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Tailored Living | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Tailored Living | Yes |
| Basement Living Systems USA | Yes |
| Start-up Costs | |
| Tailored Living | |
| Basement Living Systems USA | |
| Equipment | |
| Tailored Living} | |
| Basement Living Systems USA | |
| Inventory | |
| Tailored Living | |
| Basement Living Systems USA | |
| Receivables | |
| Tailored Living | |
| Basement Living Systems USA | |
| Payroll | |
| Tailored Living | |
| Basement Living Systems USA | |
Training & Support |
|
| Training | |
| Tailored Living | *National Convention *Regional workshops and marketing seminars *Monthly Continued Education webinars *Monthly Drawing Board design webinars *Professional in-house technology solutions experts *Online forums for networking and exchange of best practices Classroom Training: 82 hours Additional Training: Regional training |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| Tailored Living | Tailored Living provides franchisees with D VinciTM software that helps customers envision their storage solutions during in-home consultations. Training on how to use the software is provided so that you can use this powerful tool to help you close more sales. Get your questions answered by experts. Business Coaches are there to help ensure your business is running smoothly. Workshops Learn from the best. We bring in top industry speakers to keep you informed on the latest trends and product innovations. Plus, you can exchange tips and industry knowledge with other franchisees. Online and Toll-free Phone Support You can get answers fast from our technical support system. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Basement Living Systems USA | |
| Marketing | |
| Tailored Living | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Basement Living Systems USA | Marketing materials are created and available |
| Operations | |
| Tailored Living | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
| Basement Living Systems USA | |
Expansion Plans |
|
| US Expansion | |
| Tailored Living | 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 |
| Basement Living Systems USA | 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 | |
| Tailored Living | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Basement Living Systems USA | |
| International Expansion | |
| Tailored Living | |
| Basement Living Systems USA | |