Basements, Basements, Basements
Basements, Basements, Basements
9521 Camelot St.
Pickerington, OH 43147
800#:
Tel: (614) 860-1985
Fax: (614) 575-9801
E-Mail: [email protected]
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Michael Pirwitz, President
One of a kind basement remodeling system with few professional competitors. Low cash investment with a high return on your investment. From advertising and sales to installations, we have a competitive system with excellent support. No construction experience necessary to excel in this $128 billion market. We offer a turn-key operation that can be managed from your home or retail front. We are the only franchisor in the basement industry providing a complete system to the home improvement sector.
Franchisor Background
Established: 1999
First Franchise: 2002
Franchise Units:
Company-Owned Units: 1
Total Units: 1
Distribution:
U.S. -- 1;
Canada -- 0;
International -- 0
�North America -- Operations in 1 State
�States/Provinces with Greatest Density: 1 in OH
Projected New Units Over Next 12 months:10
Franchisee Qualifications:5, 5, 4, 2, 3, 5
(Click here for an explanation)
Registered in Following Registration States: None
Average Number of Employees: 2 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 200 SF; SF, HB
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $20-30K
Total Investment: $30-45K
Average Total Investment: $37.5K
Minimum Net Worth: $75K
Fees
�Franchise: $12-14.5K;
�Average Franchise Fee: $13.7K
�Royalty: 5%
�Average Royalty: 5.0%
�Advertising: N/A
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 5
On-Going Support: C,D,E,F,G,H,I (Click here for an explanation)
Training: 3 Weeks Columbus, OH.
Franchisor's Specific Expansion Plans
U.S.: Midwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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