Craters & Freighters

At a Glance

Products & Services: Specialty packing and freight-handling services

Number of Locations: 66

Total Investment: $88.6K - $140K

Founded: 1990

Began Franchising: 1991

About Craters & Freighters

Craters & Freighters was founded in 1990 to offer specialty freight-handling services for heavy, oversized, awkward and valuable items. The Golden, Colorado-based company began franchising one year later. Services include pick-up, packaging, crating, shipping, tracking and insurance.

Franchise Units

Year U.S. Canadian International Company Owned
2013 66 0 0 0
2012 65 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Mexico, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $88,600 - $140,000
Franchise Fee: $15,000 - $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $100,000
Operations
21% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 10 days. At franchisee's location: 2-3 days. Annual convention : 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Ad slicks, National media,
Other marketing support: Public relations program

Franchise Ranking History

Franchise 500®: #489 (2013),

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