|
Below is an in-depth analysis and side-by-side comparison of Luxury Bath Systems vs Kitchen New Look including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $20,000 - $40,000 | $65,000 |
Franchise Fee | $16,000 | $50,000 |
Royalty Fee | 0 | - |
Advertising Fee | - | - |
Year Founded | 1989 | 2002 |
Year Franchised | 1994 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Kitchen New Look is an ecological concept for the transformation of melamine. Kitchen New Look will refurbish your kitchen for a fraction of the price. The metamorphosis is undergone in a manufacturing plan using industrial processes. Over the years, Kitchen New Look has developed these revelutionary methods and techniques which result in an incomparable product. The removal and re-installation of your kitchen or bathroom cabinets are done as if by magic.