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Sears Hometown & Outlet Stores

2014 Franchise 500
#161
At a Glance

Products & Services: Appliances, hardware

Number of Locations: 330

Total Investment: $116K - $2.2M

Founded: 1990

Began Franchising: 2009

About Sears Hometown & Outlet Stores

Sears offers two franchise concepts: Sears Outlet Stores and Sears Appliance & Hardware Stores. Franchising since 2009, the stores specialize in home appliances and hardware.

Franchise Units

Year U.S. Canadian International Company Owned
2014 208 0 0 122
2013 139 0 0 169
2012 104 0 0 182
2011 28 0 0 250
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $116,000 - $2,208,000
Franchise Fee: $25,000
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $600,000
Liquid Cash Available: $250,000
Operations
97% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (70% 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: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #161 (2014),
Fastest-Growing: #81 (2014),
Top New: #4 (2014),

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