On this unique Franchise Chatter FDD Discuss publish, you’ll be taught the next:
Part I – Estimated preliminary funding (franchise prices) for a DreamMaker Tub & Kitchen franchise, primarily based on Merchandise 7 of the corporate’s 2022 FDD
Part II – Preliminary franchise price, royalty price, and advertising and marketing price for a DreamMaker Tub & Kitchen franchise, primarily based on Gadgets 5 and 6 of the corporate’s 2022 FDD
Part III – Variety of franchised and company-owned DreamMaker Tub & Kitchen shops firstly of the 12 months and the top of the 12 months for 2019, 2020, and 2021, primarily based on Merchandise 20 of the corporate’s 2022 FDD
Part IV – Information updates on the DreamMaker Tub & Kitchen franchise alternative
Part V – Presentation and evaluation of DreamMaker Tub & Kitchen’s monetary efficiency representations (common revenues and/or earnings), primarily based on Merchandise 19 of the corporate’s 2022 FDD, together with data on the:
- 2011-2021 common, median, highest, and lowest product sales for the DreamMaker Tub & Kitchen franchisees that had been in operation for the complete relevant calendar 12 months
- 2021 common, median, highest, and lowest gross retail gross sales (by quartile and total) for the 34 DreamMaker Tub & Kitchen franchisees that had been in operation for the complete 2021 calendar 12 months
- 2021 common, median, highest, and lowest gross revenue margin (by quartile and total) for the 30 DreamMaker Tub & Kitchen franchisees that had been in operation for the complete 2021 calendar 12 months and responded to the franchisor’s request for monetary data (excluding the best and lowest outlier)
- 2021 common, median, highest, and lowest contract worth (by quartile and total) for the 28 DreamMaker Tub & Kitchen franchisees that had been in operation for the complete 2021 calendar 12 months and responded to the franchisor’s request for data
Part VI – Key ratios, comparables, computations, and analyses for the DreamMaker Tub & Kitchen franchise alternative (unique content material for Platinum subscribers)
Part I – DreamMaker Tub & Kitchen Franchise Prices
- Preliminary Franchise Price: $40,000 to $54,000, plus $200 per 1,000 extra inhabitants over the minimal
- Software program Assist Price: $2,995
- Automobile: $0 to $9,000
- Gear, Provides, and Stock: $28,555 to $32,555
- Insurance coverage: $7,500 to $10,000
- Preliminary Promoting and Promotional Deposit: $36,000 to $48,000
- Coaching, Journey, Lodging, and Meals: $4,000 to $7,500
- Deposits, Permits, and Licenses: $0 to $2,000
- Actual Property: $62,000 to $125,000
- Skilled Charges: $8,225 to $11,600
- Further Funds for 9-12 Months (contains estimated private residing bills for 6-12 months): $18,000 to $91,500
- Refundable Design Middle Buildout Deposit: $2,500
- Complete Estimated DreamMaker Tub & Kitchen Franchise Prices: $209,775 to $396,650, plus any extra franchise price
Part II – DreamMaker Tub & Kitchen’s Preliminary Franchise Price, Royalty Price, and Advertising and marketing Price
- Preliminary Franchise Price: $40,000 to $54,000, plus $200 per extra 1,000 inhabitants
- Royalty Price Commonplace: 3% to 7% of Gross Gross sales (roll-in: 3% to 4% of the “rolled-in” Gross Gross sales)
- Minimal Royalty Price: starting (a) eight months after the events execute the Franchise Settlement or (b) 4 months after your Begin Date, whichever happens first, you should pay a Royalty Price of $200 per week. Starting the week following the primary anniversary of the date you and DreamMaker execute the Franchise Settlement, you should additionally pay DreamMaker an extra $50 per week for every extra 100,000 in inhabitants over the minimal inhabitants of 200,000.
- Advertising and marketing, Promoting, and Promotion Price (“MAP Price”): 2% of Gross Gross sales for the primary $1,000,000 of Gross Gross sales per 12 months and 1% of Gross Gross sales for all gross sales which exceed $1,000,000 in a single 12 months. Nonetheless, when you’ve got an present enterprise which you “roll-in” to the franchise, DreamMaker will low cost the MAP Price to 1% of the “rolled-in” quantity for a sure time period.
- Minimal MAP Price: 1% of Gross Gross sales “rolled in”
- Promoting Cooperative: if a neighborhood or regional Cooperative is shaped for a geographic space that features your territory, you’ll decide the annual contribution in cooperation with the opposite members of the Cooperative. DreamMaker specifies that the utmost annual contribution to a Cooperative can’t exceed 2% of your Gross Gross sales.
- Required Promoting Spending: the preliminary promoting and promotional deposit will cowl the primary 12 months’s promoting spending requirement. Throughout the second 12 months, you should spend no less than 5% of your annual Gross Gross sales, and in the course of the third and every extra 12 months, you should spend no less than 3% of your annual Gross Gross sales.
Part III – Variety of Franchised and Firm-Owned DreamMaker Tub & Kitchen Retailers
Franchised
2019
- Retailers on the Begin of the Yr: 34
- Retailers on the Finish of the Yr: 34
- Internet Change: 0
2020
- Retailers on the Begin of the Yr: 34
- Retailers on the Finish of the Yr: 34
- Internet Change: 0
2021
- Retailers on the Begin of the Yr: 34
- Retailers on the Finish of the Yr: 43
- Internet Change: +9
Firm-Owned
2019
- Retailers on the Begin of the Yr: 0
- Retailers on the Finish of the Yr: 0
- Internet Change: 0
2020
- Retailers on the Begin of the Yr: 0
- Retailers on the Finish of the Yr: 0
- Internet Change: 0
2021
- Retailers on the Begin of the Yr: 0
- Retailers on the Finish of the Yr: 0
- Internet Change: 0
Part IV – Information Updates on the DreamMaker Tub & Kitchen Franchise
Part V – Monetary Efficiency Representations (Common Revenues and/or Income) for the DreamMaker Tub & Kitchen Franchise (Merchandise 19, 2022 FDD)
Half 1 – Common, Median, Highest, and Lowest Gross Gross sales for Franchisees
- The next chart displays common Gross Gross sales achieved by DreamMaker franchisees in calendar years 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, and 2021.
- In calculating these averages, DreamMaker included Gross Gross sales data just for the franchisees that had been in operation for the complete calendar 12 months, and excluded details about franchisees that started working after January 1st or ceased working earlier than December thirty first of the respective 12 months.
- As mirrored within the chart beneath, common Gross Gross sales for DreamMaker franchisees elevated from $495,524 in 2011, to $1,451,724 in 2021, representing 192.97% progress. Median Gross Gross sales for DreamMaker franchisees elevated from $455,310 in 2011, to $987,289 in 2021, representing 116.84% progress.
- For functions of this Merchandise 19, “Gross Gross sales” is outlined as money obtained in the course of the given time interval. There are not any deductions apart from any refunds or credit given to a consumer.
2011
- Variety of Franchisees That Operated for the Full Calendar Yr: 43
- Common Gross Gross sales: $495,524
- Quantity and Proportion Assembly or Surpassing Common: 17 (40%)
- Median Gross Gross sales: $455,310
- Highest Gross Gross sales: $1,605,687
- Lowest Gross Gross sales: $11,727
2012
- Variety of Franchisees That Operated for the Full Calendar Yr: 38
- Common Gross Gross sales: $583,583
- Quantity and Proportion Assembly or Surpassing Common: 14 (37%)
- Median Gross Gross sales: $503,755
- Highest Gross Gross sales: $2,156,458
- Lowest Gross Gross sales: $54,977
2013
- Variety of Franchisees That Operated for the Full Calendar Yr: 34
- Common Gross Gross sales: $700,967
- Quantity and Proportion Assembly or Surpassing Common: 14 (41%)
- Median Gross Gross sales: $509,263
- Highest Gross Gross sales: $2,360,821
- Lowest Gross Gross sales: $77,124
2014
- Variety of Franchisees That Operated for the Full Calendar Yr: 34
- Common Gross Gross sales: $796,927
- Quantity and Proportion Assembly or Surpassing Common: 15 (44%)
- Median Gross Gross sales: $665,621
- Highest Gross Gross sales: $3,178,756
- Lowest Gross Gross sales: $30,902
2015
- Variety of Franchisees That Operated for the Full Calendar Yr: 33
- Common Gross Gross sales: $833,157
- Quantity and Proportion Assembly or Surpassing Common: 14 (42%)
- Median Gross Gross sales: $691,772
- Highest Gross Gross sales: $3,150,590
- Lowest Gross Gross sales: $0
2016
- Variety of Franchisees That Operated for the Full Calendar Yr: 31
- Common Gross Gross sales: $952,153
- Quantity and Proportion Assembly or Surpassing Common: 15 (48%)
- Median Gross Gross sales: $827,154
- Highest Gross Gross sales: $3,828,318
- Lowest Gross Gross sales: $29,121
2017
- Variety of Franchisees That Operated for the Full Calendar Yr: 35
- Common Gross Gross sales: $899,141
- Quantity and Proportion Assembly or Surpassing Common: 14 (40%)
- Median Gross Gross sales: $711,932
- Highest Gross Gross sales: $3,831,484
- Lowest Gross Gross sales: $44,500
2018
- Variety of Franchisees That Operated for the Full Calendar Yr: 33
- Common Gross Gross sales: $1,076,928
- Quantity and Proportion Assembly or Surpassing Common: 12 (36.4%)
- Median Gross Gross sales: $830,929
- Highest Gross Gross sales: $4,324,709
- Lowest Gross Gross sales: $500
2019
- Variety of Franchisees That Operated for the Full Calendar Yr: 30
- Common Gross Gross sales: $1,204,875
- Quantity and Proportion Assembly or Surpassing Common: 13 (43.3%)
- Median Gross Gross sales: $810,819
- Highest Gross Gross sales: $4,450,529
- Lowest Gross Gross sales: $91,419
2020
- Variety of Franchisees That Operated for the Full Calendar Yr: 33
- Common Gross Gross sales: $1,081,129
- Quantity and Proportion Assembly or Surpassing Common: 13 (39.4%)
- Median Gross Gross sales: $893,146
- Highest Gross Gross sales: $3,616,261
- Lowest Gross Gross sales: $500
2021
- Variety of Franchisees That Operated for the Full Calendar Yr: 34
- Common Gross Gross sales: $1,451,724
- Quantity and Proportion Assembly or Surpassing Common: 12 (35.3%)
- Median Gross Gross sales: $987,289
- Highest Gross Gross sales: $6,296,384
- Lowest Gross Gross sales: $110,821
Half 2 – Gross Gross sales Info About Franchisees Working for the Full 12 Months of 2021
- As of December 31, 2021, there have been 43 System franchisees in operation, 34 of which operated for the complete 2021 calendar 12 months. The next charts signify the common Gross Gross sales for these 34 franchisees.
Prime Quartile
- Common Retail Gross sales: $3,156,187
- Highest Retail Gross sales: $6,296,384
- Lowest Retail Gross sales: $1,904,428
- Variety of Franchises in Quartile: 9
- Quantity and Proportion Assembly or Surpassing Common: 3 (33.3%)
- Median Retail Gross sales: $2,591,713
Second Quartile
- Common Retail Gross sales: $1,315,041
- Highest Retail Gross sales: $1,750,000
- Lowest Retail Gross sales: $933,200
- Variety of Franchises in Quartile: 9
- Quantity and Proportion Assembly or Surpassing Common: 3 (33.3%)
- Median Retail Gross sales: $1,277,083
Third Quartile
- Common Retail Gross sales: $778,500
- Highest Retail Gross sales: $900,753
- Lowest Retail Gross sales: $644,229
- Variety of Franchises in Quartile: 8
- Quantity and Proportion Assembly or Surpassing Common: 4 (50.0%)
- Median Retail Gross sales: $772,732
Backside Quartile
- Common Retail Gross sales: $361,195
- Highest Retail Gross sales: $615,133
- Lowest Retail Gross sales: $110,821
- Variety of Franchises in Quartile: 8
- Quantity and Proportion Assembly or Surpassing Common: 3 (37.5%)
- Median Retail Gross sales: $330,203
- Of the 34 franchisees mentioned above, 31 had been in operation in the course of the full 2020 and 2021 calendar years.
- The next figures signify Gross Gross sales for 27 of those franchisees, as the best and lowest outliers had been discarded for functions of calculating the averages within the following figures.
- The entire mixed Gross Gross sales for all 27 of those franchisees elevated by 40.75% when evaluating year-end mixture Gross Gross sales for 2021 to year-end mixture Gross Gross sales for 2020. 12 franchisees met or surpassed this common in their very own particular person 2020 to 2021 proportion progress calculation.
- The common proportion progress for every of those 27 franchisees, when evaluating every franchisee’s 2020 Gross Gross sales to 2021 Gross Gross sales, is 38.40%. Of this common, 12 franchisees met or surpassed the common.
- The median proportion progress for every of those 27 franchisees, when evaluating every franchisee’s 2020 Gross Gross sales to 2021 Gross Gross sales, is 35.14%. Of this median, 14 met or surpassed the median.
- For these 27 franchisees, solely the precise variety of weeks reported in 2020 had been in comparison with the identical week reported in 2021.
Half 3 – Gross Revenue Info About Franchisees Working for the Full 12 Months of 2021
- DreamMaker despatched a request for monetary data to those 34 franchisees and obtained data from 32 of them (94.1%). The next charts signify Gross Revenue Margins, as outlined beneath, for 30 of those franchisees, as the best and lowest outlier had been discarded for functions of calculating the averages within the following charts.
- The next chart displays common and median Gross Revenue Margin for these 30 franchisees:
- Common Gross Revenue Margin: 42.9%
- Median Gross Revenue Margin: 43.4%
- Quantity Assembly or Surpassing Common: 15
- Quantity Assembly or Surpassing Median: 15
- The next chart displays common and median Gross Revenue Margin for these 30 franchisees, separated by quartile:
Prime Quartile
- Common Gross Revenue Margin: 50.9%
- Median Gross Revenue Margin: 50.2%
- Variety of Franchises in Quartile: 8
- Proportion Assembly or Surpassing Common: 37.5%
- Proportion Assembly or Surpassing Median: 50.0%
Second Quartile
- Common Gross Revenue Margin: 44.9%
- Median Gross Revenue Margin: 44.7%
- Variety of Franchises in Quartile: 8
- Proportion Assembly or Surpassing Common: 50.0%
- Proportion Assembly or Surpassing Median: 50.0%
Third Quartile
- Common Gross Revenue Margin: 40.9%
- Median Gross Revenue Margin: 40.9%
- Variety of Franchises in Quartile: 7
- Proportion Assembly or Surpassing Common: 57.1%
- Proportion Assembly or Surpassing Median: 57.1%
Backside Quartile
- Common Gross Revenue Margin: 33.6%
- Median Gross Revenue Margin: 35.5%
- Variety of Franchises in Quartile: 7
- Proportion Assembly or Surpassing Common: 71.4%
- Proportion Assembly or Surpassing Median: 57.1%
- “Gross Revenue Margin” is the full Gross Gross sales for every franchisee minus the Value of Items Offered, expressed as a % of Gross Gross sales.
- The “Value of Items Offered” is outlined as direct prices to every job, together with: 1) gear prices; 2) manufacturing labor prices – insurance coverage, staff’ compensation insurance coverage, and burden; 3) manufacturing automobile bills – lease, upkeep and restore, gasoline, license and registrations; 4) supplies and freight prices; 5) normal manufacturing provide bills; 6) allow prices; 7) particles removing; 8) subcontractor prices; and 9) small instruments and gear.
- The figures mirrored within the charts above had been compiled from unaudited data reported to DreamMaker by its franchisees.
Half 4 – Common Contract Worth Info About Franchisees Working for the Full 12 Months of 2021
- DreamMaker despatched a request for data to those 34 franchisees and obtained data from 28 of them (82.4%). The next charts signify Common Contract Worth, as outlined beneath.
- The next chart displays common and median Contract Worth for these franchisees:
- Common Contract Worth: $44,015
- Median Contract Worth: $40,412
- Quantity and Proportion Assembly or Surpassing Common: 11 (39.3%)
- Quantity and Proportion Assembly or Surpassing Median: 14 (50.0%)
- The next chart displays common and median Contract Worth for these 28 franchisees, separated by quartile:
Prime Quartile
- Common Contract Worth: $69,881
- Median Contract Worth: $65,098
- Variety of Franchises in Quartile: 7
- Quantity and Proportion Assembly or Surpassing Common: 3 (42%)
- Quantity and Proportion Assembly or Surpassing Median: 4 (57.1%)
Second Quartile
- Common Contract Worth: $45,424
- Median Contract Worth: $45,283
- Variety of Franchises in Quartile: 7
- Quantity and Proportion Assembly or Surpassing Common: 3 (42.9%)
- Quantity and Proportion Assembly or Surpassing Median: 4 (57.1%)
Third Quartile
- Common Contract Worth: $35,496
- Median Contract Worth: $36,048
- Variety of Franchises in Quartile: 7
- Quantity and Proportion Assembly or Surpassing Common: 4 (57.1%)
- Quantity and Proportion Assembly or Surpassing Median: 4 (57.1%)
Backside Quartile
- Common Contract Worth: $23,585
- Median Contract Worth: $24,099
- Variety of Franchises in Quartile: 7
- Quantity and Proportion Assembly or Surpassing Common: 4 (57.1%)
- Quantity and Proportion Assembly or Surpassing Median: 4 (57.1%)
- “Contract Worth” is the greenback worth of the promoting worth of every contract.
- The figures mirrored within the charts above had been compiled from unaudited data reported to DreamMaker by its franchisees.
- Some shops have earned this quantity. Your particular person outcomes might differ. There isn’t a assurance that you’ll earn as a lot.
Part VI – DreamMaker Tub & Kitchen Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️
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