Business Description

THE CRACK TEAM offers a unique specialty service repairing concrete. Cracked and leaking concrete can be repaired permanently, quickly and inexpensively using our proven materials.

Franchisor Background

Year Established:  1985

Franchising Since:  2001

Operating Units:
Franchised Units:	28	100%
Company-Owned Units:	0	0%
Total Operating Units:	28	100.0%
Geographic Distribution: U.S.: 28 100% In 15 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 28 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Missouri	8
2. Michigan	3
3. Illinois	3

Registered in Following Registration States: Illinois, Indiana, Maryland, Michigan, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington

Financial Requirements

Investment:
Minimum Net Worth:	$150-175K
Cash Investment:	$75K
Total Investment:	$66-89K
Average Total Investment:	$80K
Fees:
Initial Franchise Fee:	$35K
Average Franchise Fee:	$35K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	2%

Average Number of Employees: 2 Full-time, 0 Part-time

Space Needs (in square footage): 300

Preferred Sites: Home-based

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	2
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	8
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	Yes
Regional Advertising:	Yes
Local Advertising:	Yes
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:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
Expansion Plans
Projected New Units Over Next 12 months: 24 U.S.: Yes, Midwest, East Coast Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Crack Team, The.