- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$29K - $59K
- Units as of 2019
-
1 0.0% over 3 years
Company Overview
About Space2Sleep
Industry | Home Improvement |
---|---|
Related Categories | Miscellaneous Home-Improvement Businesses, Building & Remodeling |
Founded | 2015 |
Leadership | Derek Troy, CEO |
Corporate Address |
558 Mockingbird Trail Bailey, CO 80421 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2019 (5 years) |
---|---|
# of employees at HQ | 3 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 1 (as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Space2Sleep 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 |
---|---|
Initial Investment
|
$29,440 - $59,045 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
4-5% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 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 | 16 hours |
---|---|
Classroom Training | 22 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 1-2 |
Are exclusive territories available?
|
Yes |
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