
Gotcha Covered
Window treatments- 2023 Franchise 500 Rank
-
#359 Ranked #284 last year
- Initial investment
-
$88K - $116K
- Units as of 2022
-
128 37.6% over 3 years
Gotcha Covered handles residential and commercial custom indoor window treatments. They supply blinds, shutters, draperies, and more. Based in Denver, Colorado, the company currently has over 80 franchise units across the United States, as well as a handful in Canada. It is actively seeking new franchisees.
As a Gotcha Covered franchisee, you will be running a flexible business that allows you to retain full control of your schedule. You may even begin as a home-based business before branching out into a retail shop when you are ready.
Existing franchisees come from different backgrounds while sharing certain commonalities that are helpful in the business. They are friendly, hardworking, and self-driven people who have a passion for what they do. If you share these traits, with or without business experience, you could be a good addition to the growing family at Gotcha Covered.
Why You May Want to Start a Gotcha Covered Franchise
Window treatments is a unique business because nearly everyone needs them! Gotcha Covered is happy to help you transform this market demand into a vehicle for your dreams. After all, with Gotcha Covered three-decade history, you have all the brand experience and advantage you need to make it a community staple.
Gotcha Covered will train franchisees on everything you need to master to make your franchise operational, from administrative tasks to installing high-tech, remote-controlled window treatments.
What Might Make Gotcha Covered a Good Choice?
Gotcha Covered is a low-capital, low-overhead, no-inventory business. To be part of the Gotcha Covered team, you should make sure you’re financially ready to meet any fees or minimum cash requirements before opening and operating a franchise, which may be home-based or storefront. The company also offers in-house financing for those who need help getting started.
With your initial investment are several inclusions, such as proven online marketing programs, your own professional and optimized website, digital marketing campaigns, referral partnerships, home and garden show features, and buying power through vendor relationships. Of course, your initial investment will also include a franchise fee and other startup fees.
As you decide if you want to open a Gotcha Covered franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
How to Open Your Own Gotcha Covered Franchise
Operating a Gotcha Covered franchise begins with filling out an inquiry. Once the company receives the form, they will send you an extensive information packet that gives you a more in-depth look into the company, its background, and your part as a franchisee.
While a Gotcha Covered franchise is a unique opportunity, the process of getting one is not so different from the others. There will be some back and forth between you and the team, with the purpose of letting both sides scope for a fit.
If you and the company decide on a partnership, the company will assist you in selecting a territory and signing a franchise agreement. All training will begin from there, with ongoing support being enjoyed throughout the lifespan of your franchise.
Company Overview
About Gotcha Covered
- Industry
- Home Improvement
- Related Categories
- Window Coverings, Miscellaneous Home-Improvement Businesses
- Founded
- 1991
- Parent Company
- Five Star Franchising
- Leadership
- Paul Linenberg, President
- Corporate Address
-
303 S. Broadway, #200-153
Denver, CO 80209
Business Overview
- Franchising Since
- 2001 (2023-2001 years)
- # of employees at HQ
- 14
- Where seeking
-
This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
This company is offering new franchisees in the following international regions: Canada
- # of Units
- 128 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Gotcha Covered 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
Information Circle - $64,900
-
Initial Investment
Information Circle - $87,560 - $116,055
-
Cash Requirement
Information Circle - $10,000 - $15,000
-
Veteran Incentives
Information Circle - 10% off franchise fee
-
Royalty Fee
Information Circle - $350-2K+/mo.
-
Ad Royalty Fee
Information Circle - to $1K/mo.
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Gotcha Covered offers in-house financing to cover the following: franchise fee
- Third Party Financing
- Gotcha Covered has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 80 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - Yes
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 1
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Gotcha Covered? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Gotcha Covered landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Gotcha Covered ranked on other franchise lists? Find out below.
Ranked #359 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #89 in 2023
Check out the top franchises that offer you the freedom of working from home or on-the-go.
Ranked #53 in 2023
Buying a franchise on a budget? No problem. Here are the top franchises that can be started for less than $100,000. For more low-cost opportunities, see our lists of franchises that can be started for less than $50,000 and less than $150,000.
Ranked #117 in 2022
Our ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Gotcha Covered.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
How to Harness the Power and Money of a Crowd Through Crowdfunding
You don't have to be rich, succumb to ever-growing interest rates, run the risk of your bank collapsing or use your house as collateral to build a franchise. All you have to do is find the right crowd.
Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen
Jamie West was just 12 years old when she ran away from the foster care system.
Franchise Ownership Made Easy: Best Practices for Managing and Growing Your Business
Using these tips, you can maximize the benefits of franchise ownership and take your business to the next level.
Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom
The case marks one of the largest slip-and-fall verdicts in Florida's history.
6 Things to Consider When Getting Out of a Franchise Agreement
Want to get out of your franchise agreement? Here are six things to consider
7 Essential Questions to Ask Yourself Before Starting a Franchise
Starting a franchise requires a hard look in the mirror to decide if you really have the makeup to become an entrepreneur. Start by reflecting on yourself and your goals with these questions.