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Below is an in-depth analysis and side-by-side comparison of Gotcha Covered vs A Shade Better including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $75,950 - $94,155 | $114,000 - $156,000 |
Franchise Fee | $64,900 | $35,000 |
Royalty Fee | $1.35K/mo. | 6% |
Advertising Fee | $500/mo. | 1% |
Year Founded | 1995 | 1988 |
Year Franchised | 1999 | 1993 |
Term Of Agreement | 10 years | 5/5/5/5 Years |
Term Of Agreement | 10 years | 5/5/5/5 Years |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Cleveland, OH or Phoenix, AZ 6 Days
On-Site 6 Days |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Inventory Control: Regional or National Meetings: At Additional Cost 800 Telephone Hotline: |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 5
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 2 Full-time, 2 Part-time Preferred Sites: Strip Center |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
If you are looking for an affordable franchise that offers you a serious income potential and a great lifestyle, Gotcha Covered's all-inclusive franchise system is the solution for you!
NO LONGER FRANCHISING