CottageCare Franchise
Monday, April 26, 2010 at 03:58PM Residential cleaning service
Using the experience he gained as the operator of a housecleaning franchise in the '70s and '80s, Tom Schrader founded Overland Park, Kansas-based Cottage Care in 1988. Franchise business owners offer a variety of tailored cleaning services for bathrooms, furniture, kitchens, floors and carpets.
Start-up Costs & Franchises Fees
What is the total cost to open a CottageCare Franchises?
Total Cost: $49,500-$75,500
Total Franchise Fees: $9,500-$17,000 USD
Ongoing Royalty Fees: 5.5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $3K
Contact Information for CottageCare
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CottageCare Inc. |
Phone Number: (913)469-8778 |
Historical Expansion
In what year did CottageCare begin operations? 1988
When did CottageCare begin selling franchises? 1989
Year United States Canada International Corporate 2004 51 6 0 3 2003 40 6 0 3 2002 35 6 0 2 2001 36 9 0 1 2000 40 9 0 1
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Internet referrals, Field support and site evaluation
Franchise Operation Restrictions
25% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Jason Rager | Comments Off | 



