|
Below is an in-depth analysis and side-by-side comparison of Renovation Professionals vs City Wide Facility Solutions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $28,500 - $50,980 | $233,150 - $404,100 |
Franchise Fee | $24,500 | $70,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1997 | 1961 |
Year Franchised | 2002 | 2001 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | 10% of franchise fee |
Business Experience Requirements |
||
Experience | - | Professional Qualifications: * 35 - 55 years old with no less than 10 years of business experience * At least 5- 10 years of B2B sales and 5 years of sales management experience * Experience building and managing sales teams * Leadership/Management of a professional team Behavioral Qualifications: Culture Index: Trailblazer, Persuader, Architect (A "DI" DISC profile or an "Achiever" Proven Match Profile) * Outgoing, expressive individuals with backgrounds like business development, sales, sales management, marketing, training, and recruiting. * Proactive, results-oriented multitaskers who have a strong sense of urgency. * Persuasive, problem solvers who understand and enjoy helping people achieve their goals. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/Yes |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Online training | Full training from our support center team consists of 4 weeks of hands on coaching. 2 in Kansas City at our Corporate office and 2 in the field at the franchisees site. From there the franchisee will receive multiple support visits, engage in regular, one-on-one coaching calls, monthly sales and operations calls and much more. On-The-Job Training: 50 hours Classroom Training: 80 hours Additional Training: Annual training meeting; on-site visits; online training as needed |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Franchise Advisory Council Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 to start, add employees as business grows Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Founded by Erich and April Weber in 1997, Renovation Professionals� is an innovative residential, commercial, and facilities management services company with a successful business record and a very ambitious goal � to create the most desirable product at competitive prices while delivering a standard of communication and excellence not seen in the remodeling and services industries. The Webers developed a highly professional, multi-step business system that focuses on superior client service, controlled tracking of daily business operations, and overall enhanced communications between client and service technician and construction personel.