Tri-Color Franchise Systems
Tri-Color Franchise Systems
603 W. Main St.
Glasgow, KY 42141
800#: (800) 452-9065
Tel: (270) 651-7879
Fax: (270) 651-6048
E-Mail: [email protected]
Web Site: www.tri-color.com
Contact: Mr. Randy Raines, President/CEO
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
Established: 1984
First Franchise: 1997
Franchise Units: 6
Company-Owned Units: 6
Total Units: 12
Distribution:
U.S. -- 12;
Canada -- 0;
International -- 0
-North America -- Operations in 2 States
-States/Provinces with Greatest Density: 9 in KY, 3 in TN
Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 4, 3, 4, 5, 5
(Click here for an explanation)
Registered in Following Registration States: FL (Click here for an explanation)
Average Number of Employees: 3 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; NA
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $10-20K
Total Investment: $45-100K
Average Total Investment: $72.5K
Minimum Net Worth: $50K
Fees:
-Franchise: $17.5K
-Average Franchise Fee: $17.5K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: Yes(B)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 18
On-Going Support: A,B,C,D,E,F,H,I (Click here for an explanation)
Training: 2 Weeks Glascow, KY Home Office; As Needed Franchisee Location.
Franchisor's Specific Expansion Plans
U.S.: South, Southeast, Southwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
New
Search: Alphabetical
| Industry
Type |
Average
Total Investment | Average
Franchise Fee | Total
Units |
|