Welcomemat Services

At a Glance

Products & Services: Direct-mail advertising to new movers

Number of Locations: 25

Total Investment: $52.4K - $79.6K

Founded: 2003

Began Franchising: 2010

Franchise Units

Year U.S. Canadian International Company Owned
2013 17 0 0 8
2012 13 0 0 8
2011 8 0 0 10
2010 0 0 0 12
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $52,400 - $79,550
Franchise Fee: $37,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Net Worth: $115,000
Liquid Cash Available: $37,500
Operations
Franchise can be run from home. Absentee ownership of franchise is allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2-3 days. Home study course : 1 week.
Ongoing Support: Meetings, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Top New: #55 (2013),