|
There are three different types of domestic
franchise opportunities available at Creative
Bearings:
Single Unit - Creative Bearings's single unit license
grants an individual or entity the right to own and
operate an individual Creative Bearings Agency in
an approved business location.
Area Development - Creative Bearings's area
development license grants an individual or entity
the right to own and operate multiple Creative
Bearings Agencies with exclusive development rights
in a specific territory.
Area Franchising - Creative Bearings's area
franchise license grants an individual or entity the
right to assist Creative Bearings Headquarters in
developing a specific exclusive territory. This assistance
includes providing hands-on support in recruiting
new franchisees, securing new locations, coordinating
the store development process, and providing
local training and pre-opening support to new
franchisees. On an ongoing basis, area franchisees
remain available to support local franchisees and
receive a portion of the total franchise fees and
royalties collected in their territory. Area franchisees
must own and operate their own single unit franchise
and have adequate capital and resources
available to fulfill their responsibilities as area
franchisees.
Whether you are interested in developing a single
store, multiple stores, or an entire territory, Creative
Bearings has the right opportunity for you.
Detailed information regarding the franchise investment
can be found in Creative Bearings's Uniform
Franchise Offering Circular (UFOC). The initial
investment to open a new Creative Bearings Franchise
has several basic components.
Moving Forward
As you conduct your own due diligence and learn
more about Creative Bearings, you will find that our
real strength is found in our franchisees, headquarters
staff, and customers. Creative Bearingsis about
family, integrity and trust. It's about doing the right
thing and loving what you do. If you are looking for
a business that can make a difference in your
community and in your life, look no further than
Creative Bearings.
Do You Qualify?
|
The Franchise Fee - $29,900.00
Creative Bearings's franchise fee is the most inclusive
and competitive in the industry. The franchise
fee includes site selection services, layout and
design, training and grand opening support, initial
customized printed materials, and use of Creative
Bearings's proprietary marks.
Working Capital - $30,000
These funds are not paid to Creative Bearings. New
franchisees will need to have a minimum amount of
capital available to support the start-up phase of the
business. Consult Creative Bearings's UFOC (Item 7)
or ask our representatives for more information.
Creative Bearings’s Store Development Package
- $95,900
Creative Bearings makes it easier for you to start
your new business by offering a comprehensive
store development package. We take the worries out
of construction and opening and let you focus on
what's really important - getting ready to take care
of customers.
Financing Options
While no direct financing is provided by Creative
Bearings, we will assist you in exploring financing
options including conventional financing, leasing, or
an SBA-backed program.
Creative Bearings is a registered participant of the
U.S. Small Business Administration’s Franchise
Registry. The Franchise Registry helps SBA and its
participating lenders make consistent eligibility
decisions, speed access to SBA financial assistance,
streamline processing and recognize industryspecific
factors during the loan review process.
After you have had an opportunity to browse the
pages of this website, please request a franchise
brochure. A franchise sales professional will be in
touch with you shortly.
|