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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$89K - $140K
Units as of 2013
66

Company Overview

Craters & Freighters was founded in 1990 to offer specialty freight-handling services for heavy, oversized, awkward and valuable items. The Golden, Colorado-based company began franchising one year later. Services include pick-up, packaging, crating, shipping, tracking and insurance.

About Craters & Freighters

Industry
Services (Other)
Founded
1990
Leadership
Dianna Gibson, CEO

Franchising Overview

Franchising Since
1991 (30 years)
# of employees at HQ
9
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Australia/New Zealand, Europe (Western), Canada, Mexico

# of Units
66 (as of 2013)

Franchisor Information

Corporate Address
331 Corporate Cir., #J
Golden, CO 80401

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Craters & Freighters franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$15,000 - $35,000
Initial Investment
$88,600 - $140,000
Net Worth Requirement
$150,000
Cash Requirement
$100,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
2-3 days
Classroom Training
10 days
Additional Training
Annual convention
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Ad Templates
National Media
Marketing Planning & Support

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Craters & Freighters landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021