StearClear

At a Glance

Products & Services: Designated-driver service

Number of Locations: 3

Total Investment: $53.4K - $143.1K

Founded: 2012

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2012 3 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $53,400 - $143,050
Franchise Fee: $37,500 - $93,750
Ongoing Royalty Fee: 20%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 10 - 20. Absentee ownership of franchise is NOT 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: 3 days.
Ongoing Support: Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,