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Below is an in-depth analysis and side-by-side comparison of Crestcom vs Biltmore Franchise Consulting 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 | $49,400 - $76,200 |
Franchise Fee | $69,500 | $28,000 |
Royalty Fee | 35.5% | 10% |
Advertising Fee | - | 10% |
Year Founded | 1987 | 2005 |
Year Franchised | 1991 | 2008 |
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 | -/- |
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 will be available at our company headquarters, or at another designated location, and will last for one week. Training will be conducted by members of our management team. Training will be provided for up to two persons per franchised business. Ongoing training is also available. |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
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 | - |
NO LONGER FRANCHISING
Offering the opportunity for individuals to become a franchise development consultant, helping business owners prepare to sell franchises.
Franchisees can provide a valuable service to business owners, helping them develop a new source of income that would otherwise be difficult, more costly, or even impossible.