Q.
What ongoing costs can I expect to incur as a Room Evolutions franchisee?
A.
The franchisee and Room Evolutions revenue share. The franchisee retains 96% of the revenue and Room Evolutions retains 4%. Roughly 50-75% of Room Evolutions’ share is used to provide services and assistance to the franchisee, leaving about 1% profit. There is a 1% marketing fee that is used to provide regional and national advertising support, create marketing materials and allow for local advertising that would not be financially feasible for any one individual franchise to implement.
Q.
What are the biggest Room Evolutions product differentiators as compared to traditional drywall?
A.
Revolutionary, Worry-free Moisture, Mold and Mildew-resistant Material
- Wall system is engineered for breathability - moisture is not trapped within or behind the walls.
- System design with the basement in mind.
- Provides a preventative health benefit because the wall panels are mold resistant.
Unmatched Thermal Insulation
- Room Evolutions wall panels have the highest insulation value (R-Value) in the industry - R-13.
- The end result is a more comfortable room, plus the system saves the homeowner money on energy bills and conserves natural resources through less energy consumption.
Quick and Easy Behind-the-wall Access
- Easily removable and replaceable wall panels allow for almost effortless access to interior foundation walls, as well any electrical, mechanical or plumbing located behind the panels.
- Room Evolutions wall panels easily snap into – and out of – specially designed vinyl wall attachments, so repairs can be made and the wall can be snapped back into place.
- To gain access behind drywall, the homeowner must tear out the wallboard and then rebuild it after their behind-wall problem is fixed. The Room Evolutions system eliminates time-consuming demolition and the mudding, sanding and mess of drywall reconstruction.
Excellent Acoustics
- Acoustic qualities of Room Evolutions wall panels are ideal for a home entertainment room, quiet office or family living area.
- Eliminates the harsh echoing effects of conventional drywall construction.
- Room Evolutions acoustic qualities contain noise within the room.
Highest Quality Wall Fabric
- Rich linen-like weave is aesthetically pleasing and amazingly durable.
- The fabric has high abrasion resistance and can withstand the abuse that would damage a painted wall or scrape the surface of vinyl wall coverings.
Choose Your Design
- Room Evolutions offers design choices such as three wall panel colors, three molding colors and several choices of ceiling panels.
Q.
Why couldn’t I do this on my own?
A.
One of the biggest appeals of franchising is that it mitigates risk. Statistics show over 94% of franchised businesses are still operating after 5 years whereas 77% of independent businesses fail within the first year simply due to trial and error. At Room Evolutions, we’ve already done the trials and made the errors for you and have a proven system that minimizes costly mistakes.
Q.
How do I compete with other companies in my area that offer the same product?
A.
If you were to review our business model, it would be very clear to you that we don’t offer the same product as others in this category. Ours is superior! Plus, we are constantly studying our industry to determine where our competitors are lacking, while continuing to implement improvements to our own system to keep ahead of the pack. And we put considerable emphasis on training to make sure our franchisees stay ahead of the competition, as well.
Q.
What if I don’t have any experience in this industry?
A.
This is a very common concern. Many franchisees have little to no experience in the industry they choose to enter. This can work in their favor because they have no paradigms to break. The good news is, our training program has been created with the assumption that our franchisees have no prior industry experience.
Q.
How do I know I won’t fail?
A.
No one can guarantee success. But there are three fundamental reasons why people fail in business. (1) They do not follow the business plan. They want to make changes before they have given the process a chance. (2) They aren’t willing to commit the effort and focus required to build the business. (3) They relinquish responsibilities to unqualified individuals. Doing your best to avoid these pitfalls will help ensure your success as a Room Evolutions franchisee.
Q.
How much money can I make as a Room Evolutions franchisee?
A.
By law, we are only able to discuss what is stated in the Franchise Disclosure Document. Many variables affect the profitability of any organization. For example, following the business plan, staff experience and skills, work ethic, good decision making, capital limits, effective marketing, sales performance, etc. As you can imagine, many things contribute to the success of an organization. At Room Evolutions, our role is to help you avoid the pitfalls and execute the best practices.
Q.
Why would I have to contribute to a marketing fund?
A.
One of the advantages of being a franchise is being able to capitalize on brand recognition that’s been built through the cooperative efforts of many. By everyone contributing a little, we are able to provide much more effective marketing and advertising that benefits the entire franchise organization. The monies are kept in a separate fund and are only used to promote the brand for the purpose of generating more qualified leads for the franchisees. Never will any of the marketing funds be used to promote franchise prospect interest.
Q.
What do I get for the royalty fee I would be required to pay as a franchisee?
A.
While the franchise fee is associated with getting started, the royalty fee supports the continued growth of your business. Included with your royalty fee is access to Room Evolutions management and operations staff, field support, ongoing training, updates, continuous process improvements, assistance in managing vendor relations, local marketing guidance, creation of marketing materials, collective buyer power, sharing of best practices and much more. Trying to accomplish all of these initiatives with your own capital and manpower would require much more than the royalty you’d pay as a franchisee.