| ||||
Updated RecentlyGotcha Covered vs Decor Distinction Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gotcha Covered vs Decor Distinction including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $75,950 - $94,155 | N/A |
| Franchise Fee | $64,900 | $23,600 |
| Royalty Fee | $1.35K/mo. | 9.5% |
| Advertising Fee | $500/mo. | 2.5% |
| Year Founded | 1995 | 1989 |
| Year Franchised | 1999 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | We offer a hands on environment with our new business partners. * A support system that will be on going for the term of your new business. * Training begins immediately after your commitment to a Decor Distinction franchise with two weeks of hands on training. * Follow-up training with your business consultant within the first 30 days of commencement. * All franchisees will be required to complete an interior decorating course which will provide you with the formal knowledge required to best service your clients. * National meetings are held on an annual basis to review new innovations in designs, suppliers, marketing and sales programs. |
| 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) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Gotcha Covered
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!
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Decor Distinction
We pride ourselves on being the largest Canadian shop-at-home decorating company to offer a wide range and unique selection of top quality products at competitive prices. * Our Strength - Our family of franchisees are joined together by a common bond,,,shared success in our business partnership. * Convenience - Decor Distinction offers their clients affordable, quality, custom interior decorating in the comfort of their home. We bring the store to the customer at their convenience. * Competitive - Decor Distinction's combined purchasing power allows us to negotiate competitive pricing and exclusive product lines to offer our customers. * Support and training for growth. * Sharing ideas and talents to achieve a common goal. * A proven system with over 25 years of experience. * Low start up costs and overhead. * Selection - An interior decorating boutique on wheels that carries thousands of product samples of the finest quality in fabric, carpeting, window and wall coverings, furniture and accessories. Your franchise fee will provide you with the tools to set up a successful business. * Use of all trademarks and rights to Decor Distinction * Complete samples to operate your business for 24 months. * 2 weeks of training at our head office * Interior decorating crrespondance course. * Decorpro software * Business Cards, stationary * Opening inventory of promotional flyers * Operational manual If this sounds like the kind of opportunity for you, contact us.