|
Below is an in-depth analysis and side-by-side comparison of Roto-Rooter vs Benjamin Franklin Plumbing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $84,920 - $255,000 | $37,556 - $204,261 |
Franchise Fee | $25,000 - $75,000 | $43,000 |
Royalty Fee | Varies | 6% |
Advertising Fee | - | 3% |
Year Founded | 1935 | 2000 |
Year Franchised | 1935 | 2001 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | 50% of franchise fee |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/Yes |
Start-up Costs | No/No | Yes/Yes |
Equipment | No/No | Yes/Yes |
Inventory | No/No | Yes/Yes |
Receivables | No/No | Yes/Yes |
Payroll | No/No | Yes/Yes |
Training & Support |
||
Training | Company-wide meetings | Available at headquarters, Available at franchisee's location |
Support | Newsletter, Meetings, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | - | National media, Regional advertising |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. |
37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
In business since 1935, Roto-Rooter provides plumbing repair and sewer-drain cleaning services to homeowners, businesses, towns and cities. As a prospective franchisee, you will be associated with the recognized leader in the industry - in fact, the creator of the industry.Roto-Rooter currently has a network of more than 600 franchisees and affiliates, both in the United States and throughout the world - a network of dedicated business people with whom you would be associated. What Is Our Future Goal? Our commitment is to expand into selected international markets by establishing exclusive master franchise agreements. As a master franchisee, you will enjoy the many benefits that come from an association with Roto-Rooter - benefits that will help you develop your franchise and succeed as an international franchisee.