Starting a Craters & Freighters Franchise
The Craters and Freighters franchise specializes in freight handling services and is currently the national leader in speciality freight solutions.
The Craters and Freighters franchise opportunity specializes in providing expert packaging, shipping and crating services from locations nationwide and throughout the country.
The company creates and engineers specialized and customized shipping containers to fit any item that needs to be transported, ensuring their damage free and safe delivery to the recipient.
The Craters and Freighters company started in 1990 and has since been offering and supplying clients with customized solutions for all their shipping needs. The company opened its doors to the franchise market in 1991 and holds headquarters in Golden Colorado. There are currently around 67 franchise locations within the country and limited territories are available for interested franchise applicants. The company has over 20 years of experience in the shipping, crating and packaging industry.
The franchise offers interested entrepreneurs the opportunity to engage in a proven business model that is accredited in several attributes including low start up fees, a nationally recognized and established brand name, unlimited marketing potential and low operating costs in order to attain and sustain profitability.
The company is seeking franchises nationwide and there are still exclusive territories available, the territory size should range from around a 500,000+ population. Cost and fees for franchising include a total investment of $137,200 to $204,500 with an initial franchise fee of $31,500. Upon establishment and operation of the actual business, the franchisee pays an ongoing royalty fee of 5% with a term of agreement renewable at 15 years.
Financial qualifications for the franchise include a net worth requirement of $150,000 and a cash liquidity requirement of $100,000. As per franchisee qualifications it is necessary to have general business experience and basic computer skills. In operations 21% of all franchisees own more than one unit and the number of employees needed to run a single franchise unit is 3 to 4 persons. Absentee ownership of franchise is not allowed as 1000% of current franchisees are owners or operators.
To apply as a franchise applicant it is not necessary to have any background in crate building, packaging or transportation to qualify. Currently, the franchise owners of the company come from a variety of fields, backgrounds and professions. The training and support staff will guide the franchisee through all the necessary credentials needed to operate the business. Upon approval of the franchise applicant, the applicant will be called in for training which is available at the headquarters for 10 days following training at the actual franchisee’s location for around 2 to 3 days and at the annual convention for 2 days. Ongoing support includes regular meetings and newsletters, internet support, the toll free phone lines, field operations and evaluations and security and safety procedures. Marketing support is inclusive of the national media and ad slicks. Other marketing support includes the public relations program of the franchiser.
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