First Prize Franchise

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Gotcha Covered: A V2K Company

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This is a concept that focuses on selling in-home window fashions of blinds, shutters, shades and custom draperies to the general public and commercial accounts using proprietary 3D software. The Decor Creator software allows the franchisee to show the client a virtual picture of what the window treatment will look like, once applied, and also estimates the job cost “on the fly.” The basic role of the franchisee is to market the business and then make the actual sales calls or hire salespeople to do so. Lots of repeat and referral business. Registered in all states.

This is a Work-at-Home Franchise Opportunity

Background

Year Established: 1998
Year First Franchised: 2001
Franchised Units: 186
Company Owned Units: 1
Projected New Units (12 months): 100
States/Countries Registered In: All
Availability in Canada: Masters / Area Developer: No Masters/Area Developer, Yes single & multiples

Financial/Terms

Cash Investment: $40,170 - $82,300
Total Investment: $40,170 - $82,300
Minimum Net Worth: $100K
Franchise Fee:
· Small Market of 15,000 median households – Franchise fee of $39,900.00
· Single Territory of 30,000 median households – Franchise fee of : $59,900.00
· Double Territory of 60,000 median households – Franchise fee of: $91,400.00
· Triple Territory of 90,000 median households – Franchise fee of: $122,900.00
Discounts: FranVet, Women, Minorities: No
VetFran Program Participant: Yes
Royalty: 8% down to 4%
Ad: 2%
Average # of Employees: 1
Passive Ownership Allowed: Possibly, as long as certain qualifications are met.
Earnings Claim: Yes

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