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The Crack Team

Concrete repairs

Background

Founded: 1985 Franchising since: 2000
Saint Louis-based The Crack Team has been repairing foundation cracks since 1985. Using the company's epoxy injection system, franchisees waterproof foundation wall cracks for customers that include homeowners, contractors, remodelers and realtors.
1850 Craigshire Plaza, #201
St. Louis, Missouri 63146
Phone:
(314)426-0900


Franchisor has 10 employee(s); 10 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 22 0 0 0
2006 19 0 0 0
2005 14 0 0 4

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 100,000 single family housing units

Costs and Fees

Total investment: $64.7K-91.4K
Franchise fee: $35K/20K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 4
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Other marketing support
  • In-house PR/marketing

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