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Updated RecentlyCrestcom vs Veteran Franchise Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Crestcom vs Veteran Franchise Centers 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 | $47,550 - $95,800 |
| Franchise Fee | $69,500 | N/A |
| Royalty Fee | 35.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1987 | - |
| Year Franchised | 1991 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $500 | - |
Business Experience Requirements |
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| Experience | - | Most franchise companies require an acceptable net worth and a liquid capital investment, which can be in the form of cash, securities, 401K, or home equity. Veteran Franchise Centers partners with franchise companies at all investment levels, however the following are minimum requirements: *Typically a minimum of $10,000 cash is required and a net worth of $50,000. *Investments by friends, family, or partners can be included. *A reasonable credit score. |
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 | � 5 Days Initial Training |
| Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | � Ongoing Support, Education & Training |
| 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 | - |
Company Overviews
About Crestcom
About Veteran Franchise Centers
How to Make a Great Living Helping Veterans. For years, you've worked hard at helping others be successful with their business. And wondered� how do I take my knowledge and drive and create a good business for myself? What's the best way to provide financial security for my family? Why Shouldn't This be Your Time? Are you ready to go from good to great? Veteran Franchise Centers is seeking hard-charging individuals that want to own a business that is lifestyle friendly and incredibly rewarding. As Veteran Franchise Centers owner, you work in a commercial office setting, setting your own hours. Discover our company and see how and why we do things differently. Are you ready to work for yourself and create your own success? Contact us today to see how you can reserve your territory and get rolling on this before someone else takes the advantage. Veteran Franchise Centers provides free consulting to veterans, their spouses, and military families seeking franchise business opportunities. As an affiliate of RecruitMilitary, the largest military to civilian job sourcing company, we reach hundreds of thousands of veterans annually; giving us unparalleled franchise marketing capabilities to veterans. As an owner your benefits include: � Earn Money by Helping Franchise Companies Grow � Ongoing Veteran Client Leads Provided � Proprietary Candidate Management System � Financial & Banking Partnerships � Grand Opening & Ongoing Marketing Programs � Protected Primary Market Area � Social Media & Online Marketing Programs