Wednesday
Jun022010
Ready Decks Franchise
Decking services
Start-up Costs & Franchises Fees
What is the total cost to open a Ready Decks Franchises?
Total Cost: $84,000 USD -$168,000 USD
Total Franchise Fees: $29,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $14500
Contact Information for Ready Decks
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Ready Decks Franchise Systems Inc. |
Phone Number: (318)362-9990 |
Historical Expansion
In what year did Ready Decks begin operations? 2001
When did Ready Decks begin selling franchises? 2005
Future Expansion
United States: Nationwide
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Training & Support
Training
* Available at headquarters: 2 weeks
* At franchisee's location: 1 week
Franchise Operation Restrictions
* Franchise can be run from home* Number of employees needed to run franchised unit: 2
* Absentee ownership of this franchise business is not available to new franchisees.
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