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Home >> Maintenance Services >> Carpet and Upholstery Cleaning
 Tri-color Franchise Systems 603 W. Main St. Glasgow, KY 42141 |
Submit an online form to receive information from Tri-color Franchise Systems.
|
Business Description
TRI-COLOR is a total service carpet care and restoration company for residential and commercial clients. Franchisees are trained in management, public relations and marketing with their personal franchise director to help them excel in all areas of their franchise. With 19 years in business, our franchisees are becoming industry leaders.
Franchisor Background
Year Established: 1984
Franchising Since: 1997
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida
Financial Requirements
Average Number of Employees: 3 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites:
Other Sites:
Encourage Conversions? No
Earnings Claims Provided?: Yes
TRI-COLOR is a total service carpet care and restoration company for residential and commercial clients. Franchisees are trained in management, public relations and marketing with their personal franchise director to help them excel in all areas of their franchise. With 19 years in business, our franchisees are becoming industry leaders.
Franchisor Background
Year Established: 1984
Franchising Since: 1997
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 6 | 50% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 6 | 50% | |||||||||||||||||||||||||||||
Total Operating Units: | 12 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Tennessee | 3 |
| 2. Kentucky | 9 |
Registered in Following Registration States: Florida
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $50K |
| Cash Investment: | $10-20K |
| Total Investment: | $45-100K |
| Average Total Investment: | $72K |
| Fees: | |
| Initial Franchise Fee: | $17.5K |
| Average Franchise Fee: | $18K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 0% |
Space Needs (in square footage):
Preferred Sites:
Other Sites:
Encourage Conversions? No
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 4 | ||||||||
| Psychological Profile: | 5 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 18 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Not Applicable | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Glascow, KY Home Office | 2 Weeks | ||||||||
| 2. Franchisee Location | As Needed | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Tri-color Franchise Systems.
|
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