This article will be focusing on franchise opportunities in Washington, and will be providing added information on other vital areas such as how to join these franchise opportunities, financial requirements and training/support among other details.
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With its business focused on commercial cleaning and facility provision services, OpenWorks franchise was founded in 1983, with Eric Roudi as its CEO. With its corporate address located at Phoenix Arizona, it started franchising the same year it was founded, and has O.P.E.N America as its parent company.
OpenWorks Franchise Financial Requirements
The financial requirements for owning an OpenWorks franchise includes an Initial Investment to the tune of $17,000 to $124,450, a Net-Worth requirement of about $15,200 to $120,000, and a Liquid Cash requirement of $7,000.
OpenWorks Franchise Ongoing Fees
The ongoing fee charged by this franchisor includes an Initial Franchise fee starting from $15,200 to $72,000, an Ongoing Royalty fee of 15%.
OpenWorks Franchise Training and Support
A mandatory training for franchisees spanning a 4 day period is required. This is an on-site training which franchisees and their managers must go through to acquaint them with the operational procedures. Support covers areas like a toll-free phone line, a grand opening, security and field operations. There are also periodic meetings organized.
OpenWorks Franchise Financing Options/Veteran Incentive
The financing option available to franchisees include an in-house financing arrangement that provides financing covering areas like equipments, inventory, accounts receivable, payroll, franchise fee and start-up costs. For the veteran incentive program, veterans enjoy a 10% discount off franchise fee.
How to Join OpenWorks Franchise?
To join OpenWorks, visit their website and navigate to the franchise section. Carefully fill and submit the information required. You will be contacted by a representative if your application is successful.
Further discussions leading to the ownership of this franchise is entered into and the franchise disclosure document is supplied to the franchise candidate for his/her consideration.
2. Focal Point Coaching Inc.
Providing business coaching and consulting services, Focal Point Coaching Inc. has its operational headquarters located in Henderson, Nevada. Founded in 1999, it began franchising in 2005, with Stephen Thomson at the helm of affairs as its CEO.
Focal Point Coaching Financial Requirements
To qualify for ownership of a part of this franchise, franchise candidates are required to have an Initial Investment amount of $71,550 to $119,450, a Net-Worth requirement of $200,000 and a Liquid Cash requirement of $50,000.
Focal Point Coaching Ongoing Fees
The ongoing fee charged by Focal Point Coaching includes an Initial Franchise fee of $45,000, an Ongoing Royalty fee of $1,800/mo, and an Ad Royalty fee of $150/mo.
Focal Point Coaching Training and Support
Franchisees go through a period of mandatory training lasting a period of 1 week at the corporate headquarters and 2 months on-site training. After these trainings, periodic trainings are organized to update the knowledge of franchisees on current industry happenings. Support covers internet, periodic newsletter publications, a toll-free phone line, and field operations among other support provided.
Focal Point Coaching Financing Options/Veteran Incentives
The franchisor offers an in-house financing arrangement that covers financing for franchise fee. The veteran incentive available at Focal Point Coaching Inc. includes a 10% discount off the franchise fee for veterans.
How to Join Focal Point Coaching?
Simply visit the web address of the franchisor and navigate to the franchise section where an online application form is available to interested franchise candidates. The online form is to be carefully filled and submitted. The information supplied is checked to determine qualification. The successful applicant is contacted for further deliberations on ownership.
Founded by owner and CEO Raymond Wahoff in 2003, BumperDoc has its operational headquarters in San Diego, California. It went into franchising in 2008.
BumperDoc Franchise Financial Requirements
The financial requirements for owning a BumperDoc franchise include an Initial Investment starting from $151,345 to $290,095, a Net-Worth of $250,000 and a Liquid Cash of $40,000.
BumperDoc Franchise Ongoing Fees
There are also ongoing fees to be paid to the franchisor, and these include an Initial Franchise fee of $34,995 and an Ad Royalty fee of $250/mo.
BumperDoc Franchise Training and Support
Training for franchisees and managers lasts a period of 1 week on-site training and 2 weeks at the corporate headquarters. The support provided covers areas such as grand opening, periodic meetings, field operations, a toll free line and periodic newsletter publications on industry happenings.
BumperDoc Franchise Financing Options/Veteran Incentives
The financing options available to franchisees include third party relationships the franchisor has with finance sources that offer financing covering inventory, equipments and start-up costs. The veteran incentives program offers a whopping 25% discount off franchise fee for veterans.
How to Join BumperDoc Franchise?
Visit the online portal of the franchisor and indicate your interest through filling and submitting the online application form for franchise candidates. If qualified, a representative from this franchisor contacts you for further investment discussions leading to ownership.
4. Growler USA
Growler USA is a bar franchise offering products like craft beer, wine, Kombucha, and food. Founded in 2013 by its founder and CEO, Dan White, it has Do What’s Right Brands LLC as its parent company and has its corporate headquarters located in Centennial, Colorado.
Growler USA Franchise Financial Requirement
The following are the financial requirements franchise candidates must meet; an Initial Investment starting from $396,363 to $591,310, a Net-Worth of $500,000 and a Liquid Cash requirement of $100,000.
Growler USA Franchise Ongoing Fees
The following are ongoing fees that must be met by franchise candidates; an Initial Franchise fee of $35,000, an Ongoing Royalty fee of 6% and an Ad Royalty fee of 3%.
Growler USA Franchise Training and Support
Training covers a period of 7 to 10 days at the corporate headquarters and another 4 to 10 days on-site training. Support covers the following areas; a grand opening support, security, field operations, internet and meetings.
Growler USA Franchise Financing Options/Veteran Incentives
The financing options available to franchisees includes the franchisors relationships with third-party finance sources that offer financing to cover equipment, inventory, and start-up costs. There is 15% discount off franchise fee for veterans, under the veteran incentives program.
How to Join Growler USA Franchise?
To join this franchise, an expression of interest has to be registered on an online application form for franchise candidates. The information supplied by the candidate is used to assess if he/she is qualified to own this franchise. If qualified, he/she is contacted for further business discussions.
5. Claim Tek Systems Inc.
This franchise opportunity provides services in medical-claims processing and medical billing. With its corporate headquarters located in Irvine California, It was founded in 1989 and began franchising in 1992.
Claim Tek Systems Financial Requirements
The financial requirement for ownership includes an Initial Investment of $20,000 to $40,000. The other financial details are supplied to the franchise candidate at the point of qualification for investment.
Claim Tek Systems Financing Options
Claim Tek Systems has financing options for its franchisees. These financing options are not disclosed at the moment, but will be disclosed to the franchise candidates depending on qualification for ownership.
Claim Tek Systems Training and Support
Training covers both online and manual formats, which are all provided at the corporate headquarters.
How to Join Claim Tek Systems?
To join this franchise, it requires that the applicant registers his/her interest on the online application form available online at the franchisor’s website. This form is to be carefully filled and submitted. If qualified, the applicant will be contacted for further business discussions.
The above are franchise opportunities in Washington made available to those with inadequate knowledge on these opportunities.