Friday
Apr302010
Cure Water Damage Franchise
Friday, April 30, 2010 at 10:16AM Water damage restoration services
Start-up Costs & Franchises Fees
What is the total cost to open a Cure Water Damage Franchises?
Total Cost: $124,000 USD
Total Franchise Fees: $25,000 USD -$50,000 USD
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $10K
Contact Information for Cure Water Damage
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Cure Water Damage |
Phone Number: (206)381-3047 |
Historical Expansion
In what year did Cure Water Damage begin operations? 1988
When did Cure Water Damage begin selling franchises? 2002
Year United States Canada International Corporate 2004 14 0 0 1 2003 12 0 0 1 2002 8 0 0 1 2001 Not Available Not Available Not Available 1 2000 Not Available Not Available Not Available 1
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): Coast To Coast Funding
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Purchasing cooperatives
Marketing
Ad slicks
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.50% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 5
Absentee ownership of franchise is allowed. (100% 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 | 



