Sears Home & Business Franchises Inc.

#120

At a Glance

Products & Services: Carpet, upholstery, air-duct & dryer-vent cleaning; garage solutions

Number of Locations: 308

Total Investment: $11.03K - 191.55K

Founded: 1992

Began Franchising: 1999

About Sears Home & Business Franchises Inc.

Sears offers two franchise models that franchisees can choose between or operate together. The first model offers carpet and upholstery cleaning services as well as tile and grout cleaning and water extraction. The second model centers around air duct and dryer vent cleaning, along with sales of air purification products.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	296	0	0	12
2011	252	0	0	12
2010	269	0	0	13
2009	145	0	0	3

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $11,025 - $191,550
Franchise Fee: $3,375 - $94,500
Ongoing Royalty Fee: 8-10%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Net Worth: $75,000 - $500,000
Liquid Cash Available: $50,000 - $350,000

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).

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: 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