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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% | | |
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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% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. California | 4 | | 2. New Jersey | 3 | | 3. Pennsylvania | 3 |
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 |
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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 |
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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 |
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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 |
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Training: |
| 1. Headquarters | 1 Week |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| 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 |
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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. |
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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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