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RECEIL IT provides expert restoration and/or cleaning in commercial locations (schools, hospitals, supermarkets, office building, department stores, etc.) of drop ceilings and acoustical tiles using proprietary coatings and cleaners. Work is done at a fraction of the cost and time necessary for ceiling replacement. Your RECEIL IT franchise can be run as a small, home-based operation with minimal personnel or built into a large profile operation.
Franchisor Background
Year Established: 1992
Franchising Since: 2003
Operating Units: |
| Franchised Units: | 2 | | 66.7% | | |
| Company-Owned Units: | 1 | | 33.3% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 3 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 3 | | 100% | | In 2 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 3 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. New York | 2 | | 2. California | 1 |
Registered in Following Registration States: California, Florida, Maryland, New York, District Of Columbia
Financial Requirements
Investment: |
| Minimum Net Worth: | $Varies |
| Cash Investment: | $38.9-58.9K |
| Total Investment: | $50-70K |
| Average Total Investment: | $60K |
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Fees: |
| Initial Franchise Fee: | $17.5K |
| Average Franchise Fee: | $18K |
| On-Going Royalty: | 7% |
| Average Royalty: | 7% |
| Advertising Fee: | 0% |
Average Number of Employees: 2 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites:
Encourage Conversions? No
Earnings Claims Provided? No
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: | 4 |
| Site Selection Assistance? | Not Applicable |
| Lease Negotiation Assistance? | Not Applicable |
| Financial Assistance? | No |
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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: | At Additional Cost |
| 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: | Not Applicable |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Copiaque, NY | 5-6 Days |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 3 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 2 |
| Formal Education: | 3 |
| Psychological Profile: | 4 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | N/A |
| Asian-American: | N/A |
| Hispanic: | N/A |
| Native American: | N/A |
| Other: | N/A |
| Specific Minority: | $5,000 off of franchise fee. |
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Terms of Contract
| Term of Initial Contract: | 10 Year(s) |
| Term of Renewal Period: | 5 Year(s) |
| Passive Ownership: | Not Allowed |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | No |
Expansion Plans
Projected New Units Over Next 12 months: 4
| U.S.: | Yes, NY, NJ, PA, CT |
| Canada: | No |
| Overseas: | No |
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