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Entrepreneur: Start & Grow Your Business

Granite Transformations

Granite resurfacing & cabinet refacing

Background

Founded: 1995 Franchising since: 1997
10360 USA Today Wy.
Miramar, Florida 33025
Phone:
(954)435-5538

Franchisee Association
Franchise Advisory Council

Franchisor is a privately-held company with 40 employee(s); 10 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 74 9 71 0
2008 72 9 71 0
2007 70 7 78 0
2006 67 8 76 1
2005 61 7 67 0

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
Outside the U.S.: Africa, Australia/new zealand, Canada, Western europe

Exclusive territories available.
Territory size: By ZIP codes

Costs and Fees

Total investment: $136.3K-351K
Franchise fee: $25K-75K
Ongoing royalty fee: 2%
Term of agreement: 10 years, renewable


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

Qualifications
Cash liquidity requirement: $107K
Business Experience:
  • General business experience
  • Marketing skills

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)

Training and Support

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

Rankings

Franchise 500® rank:
#377 (2009); #341 (2008); #210 (2007); #196 (2006); #197 (2005);

Ranked #1 in category in:
2007; 2006; 2005;

America's Top Global Franchises:
#134 (2007); #116 (2006); #110 (2005);