What are the Startup Costs?
Mobile, home-based franchise offers low entry point for investors
There are thousands of options when it comes to opening a franchise. Some require high investment, some require large numbers of employees and some are complex to operate.
Not Window Genie. Ours is a mobile, home-based business with a low cost of entry. Our simple and robust business model appeals to everyone from experienced business owners to people who’ve always had a dream to open their own business.
Our franchisees learned you don’t need to invest in “bricks and mortar” locations or high capital machinery to have a real business.
Our franchisees start out with training, equipment, a marketing plan and one of our trademark Geniemobiles. We typically suggest that you finance your vehicle at a cost of $450 a month, which helps keep your cash flow going in those early, crucial months.
Here’s a look at the typical start-up costs as outlined in Item 7 of our Franchise Disclosure Document:
|Type of Expenditure||Estimated Amount (or Low-High Range)||Method of Payment||When Due||To Whom Paid|
|TOTAL||$89,800 to $139,000|
|Franchise Fee||$32,000 for the Single-Unit, and up to $57,000 for the Base Marketing Area plus fifty cents ($.50) per household if you elect to purchase an Additional Unit.||Lump Sum||Upon signing Franchise Agreement||Us|
|Start-Up Equipment and Supply Package||$25,000||Lump Sum||Upon signing Franchise Agreement||Us|
|Office Package||$0 - $1,500||As Incurred||Before commencement of business||Outside Suppliers|
|Initial Training||$600 - $1,300||As Incurred||As Incurred||Outside Suppliers and Employees|
|Opening Advertising||$3,000 - $9,000||As Incurred||Within initial three months following commencement of business||Outside Suppliers|
|Security and Utility Deposits, Business Licenses and Other Prepaid Expenses||$1,200 - $2,200||As Incurred||As Incurred||Outside Suppliers|
|Vehicle||$0 - $1,500||As Incurred||As Incurred||Outside Suppliers|
|Real Estate||$0 - $500||As Incurred||As Incurred||Outside Suppliers|
|Additional Working Capital (3 months)||--$28,000 - $41,000||As Incurred||As Incurred||Employees and Outside Suppliers|