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Crack Team, The
11694 Lackland Rd.
St. Louis, MO 63146
800#: (866) 272-2583
Tel: (314) 426-0900
Fax: (314) 426-0915
E-Mail: [email protected]
Web Site: www.thecrackteam.com
Contact: Mr. Tim Church, Franchise Director
THE CRACK TEAM offers a unique specialty service repairing cracks in foundation walls. Cracked and leaking basements can be repaired permanently, quickly and inexpensively using our proven marketing strategies and exclusively formulated materials.
Franchisor Background
Established: 1985
First Franchise: 2001
Franchise Units: 8
Company-Owned Units: 5
Total Units: 13
Distribution:
U.S. -- 13;
Canada -- 0;
International -- 0
-North America -- Operations in 5 States
-States/Provinces with Greatest Density: 8 in MO, 2 in IL
Projected New Units Over Next 12 months: 24
Franchisee Qualifications: 5, 3, 1, 2, 2, 3
(Click here for an explanation)
Registered in Following Registration States: IL,IN,MI,NY (Click here for an explanation)
Average Number of Employees: 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 300 SF; HB
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $60K
Total Investment: $50-78K
Average Total Investment: $64.0K
Minimum Net Worth: $75-100K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 8
On-Going Support: A,B,C,D,E,F,G,h,I (Click here for an explanation)
Training: NR
Franchisor's Specific Expansion Plans
U.S.: Midwest, East Coast
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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