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Below is an in-depth analysis and side-by-side comparison of Solar Universe vs Green Home Solutions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $118,500 - $319,000 | $51,595 - $154,070 |
Franchise Fee | $25,000 - $150,000 | $5,000 - $30,000 |
Royalty Fee | 4% | 7% -10% |
Advertising Fee | - | 0.5%-1% |
Year Founded | 2008 | 2010 |
Year Franchised | 2008 | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
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 |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 70 hours Additional Training: Certificate programs |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 2 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
In 2008, Quiznos franchisee Joe Bono sold his sandwich shops and started Solar Universe, a solar panel installation franchise headquartered in Livermore, California. Franchisees help residential and commercial clients understand and navigate state and federal rebates and tax credits, as well as utility company regulations, before installing solar panels.