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Surface Specialists Systems Inc.

At a Glance

Products & Services: Kitchen/bath repair, refinishing & resurfacing, acrylic tub liners

Number of Locations: 47

Total Investment: $46K - 75.5K

Founded: 1981

Began Franchising: 1982

Private Owned

About Surface Specialists Systems Inc.

Wayne McClosky founded Surface Specialists in 1981, establishing the franchise prototype in Colorado Springs, Colorado. In the beginning the family-owned company offered only minimal repair services for plastic laminate countertops and fiberglass and porcelain bath surfaces, but it soon expanded to include refinishing services for marble sinks and vanity tops. It began franchising in 1982 and is now based in Matthews, North Carolina.

Franchise Units

Year U.S. Canadian International Company Owned
2011 46 0 1 0
2010 45 1 1 0
2009 48 1 0 0
2008 52 1 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $46,000 - $75,500
Franchise Fee: $21,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $75,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 3. 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: 3 weeks. Follow-up training available at franchisee's location
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Purchasing cooperatives,
Marketing Support: Ad slicks,
Other marketing support: Manual

Franchise Ranking History

Franchise 500®: #357 (2010), #444 (2009),
Low-Cost: #86 (2010), #100 (2009),