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Granite Transformations

2012 Franchise 500
#401
At a Glance

Products & Services: Granite resurfacing & cabinet refacing

Number of Locations: 160

Total Investment: $131.5K - 346K

Founded: 1995

Began Franchising: 1997

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 76 9 75 0
2010 71 8 71 0
2009 74 9 71 0
2008 72 9 71 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Australia/New Zealand, Canada, Eastern Europe, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $131,500 - $346,000
Franchise Fee: $25,000 - $75,000
Ongoing Royalty Fee: 2%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $107,000
Operations
1% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 40. Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. Ongoing visits to franchisee's location
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations,
Marketing Support: Ad slicks,
Other marketing support: PR program

Franchise Ranking History

Franchise 500®: #401 (2012), #469 (2011), #282 (2010), #377 (2009), #341 (2008),

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