|
The heart of V2K, and what makes us different from every other franchise on the planet, is our exclusive and proprietary 3D Decor Creator software. This easy-to-use software program separates us from all of our competition because it allows you to perform simple to complex window treatment designs in high-quality 3D right in front of your customer! By showing your customer exactly what their window treatments will look like on their windows, they have the confidence to place the order with you instead of your competition. It's almost an unfair advantage...
Franchisor Background
Year Established: 1996
Franchising Since: 2001
Operating Units: |
| Franchised Units: | 187 | | 100% | | |
| Company-Owned Units: | 0 | | 0% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 187 | | 100% | | |
| |
Geographic Distribution: |
| U.S.: | 170 | | 97.1% | | In 44 States |
| Canada: | 4 | | 2.3% | | In 2 Canadian Provinces |
| International: | 1 | | 0.6% | | In 1 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 175 | | 100% | | |
| |
North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment: |
| Minimum Net Worth: | $NA |
| Cash Investment: | $40-90K |
| Total Investment: | $40-90K |
| Average Total Investment: | $65K |
| |
Fees: |
| Initial Franchise Fee: | $39.9K-59.9K |
| Average Franchise Fee: | $45K |
| On-Going Royalty: | 4-8% |
| Average Royalty: | 6% |
| Advertising Fee: | 2% |
Average Number of Employees: 1 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided? Yes
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 20 |
| Site Selection Assistance? | Not Applicable |
| Lease Negotiation Assistance? | Not Applicable |
| Financial Assistance? | Yes, Indirect |
| |
Marketing Support: |
| Co-Op Advertising: | Yes |
| National Advertising: | Yes |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos |
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support: | None Specified |
| |
On-Going Support: |
| Central Data Processing: | Included in Fees |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Not Applicable |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | At Additional Cost |
| 800 Telephone Hotline: | Included in Fees |
| |
Training: |
| 1. Denver, CO | 2 Weeks |
|
|
Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
| |
| Financial Net Worth: | 3 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 2 |
| Formal Education: | 1 |
| Psychological Profile: | 1 |
| Personal Interview(s): | 1 |
| |
| |
Minority Representation
Units Owned by Minorities: |
| African-American: | 9 |
| Asian-American: | 2 |
| Hispanic: | 3 |
| Native American: | 0 |
| Other: | 7 |
| Specific Minority: | Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. |
| |
| |
Terms of Contract
| Term of Initial Contract: | 10/5/5 Year(s) |
| Term of Renewal Period: | Year(s) |
| Passive Ownership: | Allowed |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 100
| U.S.: | Yes, All United States |
| Canada: | Yes, License Agreement |
| Overseas: | No |
|
Franchise News