Craters & Freighters
At a Glance
Products & Services: Specialty freight-handling service
Number of Locations: 66
Total Investment: $137.2K - 204.5K
Founded: 1990
Began Franchising: 1991
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2008 | 66 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $137,200 - $204,500
Franchise Fee: $31,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $31,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
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).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
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