|
Below is an in-depth analysis and side-by-side comparison of Sears Carpet & Upholstery Care vs Stanley Steemer Carpet Cleaner including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $76,500 - $433,300 | $117,215 - $207,200 |
Franchise Fee | $5,000 - $95,000 | $20,000 - $35,000 |
Royalty Fee | 8% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1992 | 1947 |
Year Franchised | 1999 | 1972 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | Yes/Yes |
Start-up Costs | No/No | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/No | Yes/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | Various training offered throughout the year |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures |
Marketing | Co-op advertising, Ad slicks, National media | Co-op advertising, Ad slicks, National media |
Operations |
Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 10
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 16 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Sears has been America's iconic brand for more than 125 years. We are the nation's largest provider of home services with more than 13 million service & installation calls made annually. It's no wonder why America's homeowners look to Sears as their "trusted advisor". Now you can be part of the Sears story. We are looking for entrepreneurs who want to own & operate their own franchise business. Armed Forces Veterans - 10% discount on franchise fee.