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Criterium Engineers (Canada)
 

CRITERIUM ENGINEERS is a consulting franchise available to licensed professional engineers. Company specializes in building inspection and evaluation services for buyers, investors, corporations, attorneys, insurance companies, lenders and government. Services include pre-purchase inspections, insurance investigations, due diligence, maintenance planning, expert testimony, reserve studies, environmental assessments, design and construction review.

Franchisor Background

Year Established:

  1957

Franchising Since:

  1958

Operating Units:

Franchised Units:65 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:65 100%  
 

Geographic Distribution:

U.S.:63 96.9% In 37 States
Canada:2 3.1% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:65 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California4
2. New Jersey3
3. Pennsylvania3

Registered in Following Registration States:

   California, Florida, Illinois, Indiana, New York, Oregon

Financial Requirements

Investment:

Minimum Net Worth:$
Cash Investment:$6K
Total Investment:$30K
Average Total Investment:$30K
 

Fees:

Initial Franchise Fee:$26.5K
Average Franchise Fee:$26K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:1%

Average Number of Employees:

   2 Full-time, 2 Part-time

Space Needs (in square footage):

   300

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:10
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?No
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
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:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Headquarters1 Week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:N/A
General Business Experience:N/A
Specific Industry Experience:N/A
Formal Education:N/A
Psychological Profile:N/A
Personal Interview(s):N/A

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:2
Native American:N/A
Other:1
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:5/5/5 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not 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:

   6
U.S.:Yes, All Legally Permitted
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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