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Below is an in-depth analysis and side-by-side comparison of Crestcom vs Criterium Engineers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,345 - $101,699 | $66,175 - $125,950 |
Franchise Fee | $69,500 | $49,500 - $79,500 |
Royalty Fee | 35.5% | 6% |
Advertising Fee | - | - |
Year Founded | 1987 | 1957 |
Year Franchised | 1991 | 0 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $500 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | Yes/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | Training is an intensive 5-days provided at our offices in Portland, Maine. We invite you and an unlimited number of your supervisory employees to attend. Training instruction covers franchise administrative matters, bookkeeping and reporting systems, marketing, customer service and technical training. We do not require persons owning offices which convert from the Predecessor Company's "Home Inspection Consultants" network to attend the initial training program. |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Every other year, we host a conference with featured speakers addressing a wide range of engineering and business development topics. We also sponsor additional programs, webinars and seminars periodically, to keep our engineers updated and informed about relevant engineering- and real estate-related developments and trends. Technical support Business support Marketing support |
Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |