Dry-B-Lo Franchise
Thursday, May 13, 2010 at 08:10PM Installer of deck drain systems
Grant Moore's family had spent a lot of time and money building a deck and pouring concrete underneath it, but the area below was useless whenever it rained because water poured in. Moore knew there must be a way to keep the space below the deck dry. After working with an engineering firm for two years, Moore developed a drainage system that would not leak or collect debris. He filed patents and in 1993 founded Dry-B-Lo International Inc. to install his patented system of channels. This system, which is installed below a raised deck, helps convert a wet, unusable space into a dry, outdoor living space.
Start-up Costs & Franchises Fees
What is the total cost to open a Dry-B-Lo Franchises?
Total Cost: $44,700-$150,300
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 7.5%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Contact Information for Dry-B-Lo
|
Dry-B-Lo International Inc. |
Phone Number: (770)781-4754 |
Dry-B-Lo In the Press
No results at this time.Historical Expansion
In what year did Dry-B-Lo begin operations? 1993
When did Dry-B-Lo begin selling franchises? 1997
Year United States Canada International Corporate 2005 41 0 0 0 2004 39 0 0 0 2003 30 0 0 0 2002 19 0 0 1 2001 12 0 0 1
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 Yes Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.21% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 4 - 5
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
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