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Entrepreneur: Start & Grow Your Business

Sears Carpet & Upholstery

Carpet, upholstery & air-duct cleaning

Background

Founded: 1992 Franchising since: 1999
8472 Cotter St.
Lewis Center, Ohio 43035
Phone:
(740)201-3003


Franchisor is a publicly-held company with 18 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 145 0 0 3
2008 143 0 0 3
2007 132 0 0 3
2006 125 0 0 2
2005 119 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Depends on ZIP codes and single family homes

Costs and Fees

Total investment: $25.96K-191.6K
Franchise fee: $4.9K-94.5K
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $75K-500K
Cash liquidity requirement: $50K-350K
Business Experience:
  • General business experience
  • Marketing skills
  • Sales experience helpful

Operations
  • Franchise can be run from home
  • 35% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3 - 10
  • Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: As needed
  • At regional location : 1 day

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • Website, Internet Yellow Pages, customer-retention program, advertising source discounts

Rankings

Franchise 500® rank:
#300 (2009); #454 (2007);

Low-Cost Franchises:
#66 (2009);

Top Home Based Franchises:
#83 (2009);