Monday
May312010
Grand Rental Station Franchise
Rental
Start-up Costs & Franchises Fees
What is the total cost to open a Grand Rental Station Franchises?
Total Cost: $211,250-$281,250
Total Franchise Fees: $11,250
Ongoing Royalty Fees: 1.3% Min.$1200/Max.$7500/year
Ongoing Advertising Fees: $130/month
Contact Information for Grand Rental Station
|
Tru Serv Corp. |
Phone Number: (800) 833-3004 |
Historical Expansion
In what year did Grand Rental Station begin operations? Not Available
When did Grand Rental Station begin selling franchises? Not Available
Training & Support
Training
Our one-week training program offers a variety of courses that cover all aspects of the rental business. You will meet with other Members, share information, and gain valuable insight into the business. The classes are taught by instructors who have experience in the rental business. The training programs are held throughout the year at True Value?s Rental Training facility in Cary, Illinois.
The training covers vital topics, such as:
# Policy and Procedures
# Business Planning
# Rental Store Operations
# Personnel Management
# Rental Rates
# Advertising
# Purchasing
# Insurance and Risk Management
# Rental Marketing
# Rental Store Merchandising
# Plant, Property, and Equipment Information and Plant, Property, and Equipment Familiarization
Marketing
Every owner receives a professionally produced advertising package that is specifically designed to increase your business. The package includes: Full-color Circulars - The results of a national study of retail shopping habits show that of all advertising media, circulars are customers' biggest influence in determining where to shop.
# In the Presspaper Ads - An assortment of ad slicks designed in such a way that you can customize the ad with your local name.
# Ready-to-use Radio - You'll get two 60-second commercials designed to increase rentals. These spots can be tailored to your market by adding an advertising message and/or sale items.
# National Television Advertising - These professional-quality television ads are seen on a wide variety of networks including ESPN, The Learning Channel, The Weather Channel, Home & Garden TV and the DIY network. Our Year 2000 television schedule included over 375 spots.
# Local Television Advertising - You will be able to "piggy-back" on the National TV Advertising campaign by placing the commercial on your Local Cable Channel and tagging the end of the spot with your store?s name.
# Advertising Calendar and Planning Worksheet - Map out your entire year's advertising and promotional plan, with the help of our experienced Marketing Specialists.
# Collateral Pieces - Over 25 direct mail brochures covering various rental products are inventoried by us to help you promote various business segments.
# Sales Promotion - True Value Company-funded annual sweepstakes and special promotions are designed to increase store traffic and create store awareness.
# A 'Grand Opening' Kit and Marketing Manuals - Each new owner gets a 'Grand Opening' kit which includes banners, ribbons, balloons, giveaway items and a marketing manual designed to help you market your business more effectively.
# Yellow Pages - As an owner, you will receive an additional discount on display ads when placed through an authorized yellow pages agency. The agency will also help to design your ads and make recommendations for listings.
# Marketing Information - To help complete your marketing program, you will receive information on how to place media, how to work with outside advertising resources, and many other helpful suggestions to market your store.
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