Sears Home & Business Franchises Inc.

At a Glance

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

Number of Locations: 356

Total Investment: $11K - $191.6K

Founded: 1992

Began Franchising: 1999

About Sears Home & Business Franchises Inc.

Sears offers three 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; and the third model offers garage solutions.

Franchise Units

Year U.S. Canadian International Company Owned
2013 341 0 0 15
2012 296 0 0 12
2011 252 0 0 12
2010 269 0 0 13
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

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
Veteran Incentives: 10% off franchise fee
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).
Direct Capital
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

Franchise Ranking History

Franchise 500®: #120 (2013), #186 (2012), #376 (2011), #246 (2010),
Fastest-Growing: #53 (2013), #19 (2011),
Low-Cost: #85 (2011), #58 (2010),
Top Home-Based: #24 (2013), #43 (2012), #68 (2010),

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