Luxury Bath Systems vs CORE Group Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Luxury Bath Systems vs CORE Group Restoration including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$20,000 - $40,000 | $76,000 - $371,150 |
Franchise Fee |
$16,000 | $30,000 |
Royalty Fee |
0 | - |
Advertising Fee |
- | - |
Year Founded |
1989 | 2019 |
Year Franchised |
1994 | 2019 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills Sales (in-home sales 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 |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Luxury Bath Systems
Are you looking to expand your business base or considered joining a network of successful franchisees? Consider Luxury Bath Systems, the nation’s leader in acrylic bathroom remodeling, and take advantage of the multi-billion dollar home improvement market. Luxury Bath Systems offers
its franchises and dealers a proven system for efficiently remodeling
bathrooms, while providing dynamic marketing programs and technical
support. Exclusive territories are still available.
Since its founding in 1989, Luxury Bath Systems has remodeled
bathrooms in homes and businesses. The Bensenville, Illinois-based
company installs tub and wall systems over existing bathtubs and tile,
allowing franchisees to remodel a bathroom in less than one day.
About CORE Group Restoration
CORE is a unique take on property damage restoration. Made up of the
largest and most capable property restoration service providers,
CORE is redefining what it means to restore lives.
CORE's business model is unlike anything else on the market today and
offers elite contractors the ability to be a part of a premier service
offering, align themselves with an organization that believes in
operating with the highest standards of craftsmanship, quality and
integrity, all without giving up their independence.
The total investment necessary to begin operation of a single CORE Group
Restoration franchised business is between $76,000 and $371,150. This
includes $50,000 to $93,150 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of two CORE Businesses
under a Multi-Unit Franchise is between $127,000 and $742,300. This
includes $75,000 to $186,300 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of ten
CORE Businesses under a Multi-Unit Franchise is between $335,000 and
$3,111,500. This includes $150,000 to $331,500 that must be paid to the
franchisor or its affiliate(s).