Start-Up Costs and Fees |
||
| Tailored Living | Room Evolutions | |
| 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 | Room Evolutions | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Tailored Living | Room Evolutions | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tailored Living | Room Evolutions | |
| 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 | Room Evolutions | |
| 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 | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| 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 | |
| Room Evolutions | |
| Franchise Fee | |
| Tailored Living | |
| Room Evolutions | |
| Royalty Fee | |
| Tailored Living | $300-$2K/mo. |
| Room Evolutions | 4% |
| Advertising Fee | |
| Tailored Living | $500/mo. |
| Room Evolutions | 1% |
| Year Founded | |
| Tailored Living | 2006 |
| Room Evolutions | 1953 |
| Year Franchised | |
| Tailored Living | 2006 |
| Room Evolutions | 2008 |
| Term Of Agreement | |
| Tailored Living | |
| Room Evolutions | 5 years +5+5+5 |
| Renewal Fee | |
| Tailored Living | |
| Room Evolutions | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Tailored Living | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Tailored Living | Yes |
| Room Evolutions | Yes |
| Start-up Costs | |
| Tailored Living | |
| Room Evolutions | |
| Equipment | |
| Tailored Living} | |
| Room Evolutions | |
| Inventory | |
| Tailored Living | |
| Room Evolutions | |
| Receivables | |
| Tailored Living | |
| Room Evolutions | |
| Payroll | |
| Tailored Living | |
| Room Evolutions | |
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 |
| Room Evolutions | 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 |
| Room Evolutions | |
| Marketing | |
| Tailored Living | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Room Evolutions | Marketing materials are created and available |
| Operations | |
| Tailored Living | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
| Room Evolutions | |
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 |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| 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 |
| Room Evolutions | |
| International Expansion | |
| Tailored Living | |
| Room Evolutions | |