Mr. Sandless Franchise

Wednesday

Jun022010

Sandless wood floor refinishing

Start-up Costs & Franchises Fees

What is the total cost to open a Mr. Sandless Franchises?

Total Cost: $30,800-$57,600
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $3000

Contact Information for Mr. Sandless

Mr. Sandless Inc.
2970 Concord Rd.
Aston, PA
19014

Phone Number: (610)364-2080
Fax Number: (610)364-2081

Franchise Homepage:

Historical Expansion

In what year did Mr. Sandless begin operations? 2004
When did Mr. Sandless begin selling franchises? 2005

Year United States Canada International Corporate

2007 22 2 0 10

Year	United States	Canada	International	Corporate
2007	22	2	0	10

Future Expansion

United States: Nationwide

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?

Franchise Fee Yes No

Initial Start-up Capital Yes No

Plant, Property, and Equipment Yes No

Inventory Yes No

Accounts Receivable No No

Payroll No No

Cost	In House Financing Available?	3rd Party Financing Available?
Franchise Fee	Yes	No
Initial Start-up Capital	Yes	No
Plant, Property, and Equipment	Yes	No
Inventory	Yes	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Training
Available at headquarters: 1 week

Franchise Operation Restrictions

* Franchise can be run from home
* 100% of all franchise business owners own more than one franchise location.
* Number of employees needed to run franchised unit: 2
* 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? Yes
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

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