YOUR SUCCESS IS OUR SUCCESS
Our Investment & Onboarding Process
At CoolVu Franchise concepts, you invest with us to get the business you deserve launched, profitable, & scalable without suffering through all the mistakes you could make without a plan, process, and guidance at every stage of business development.
We invest in you to grow our brand and family and provide the same 5-star experience in your territory as our existing members already provide in theirs.
So let’s be sure we’re a good fit for each other.
NOT ALL FRANCHISES ARE CREATED EQUAL
Franchise Investing Explained
The US Small Business Ecosystem
There are ~35 million small businesses in the US. The huge majority of them will fail quickly.
Of those that don’t immediately fail, very few will:
- Become stable & profitable enough to support a comfortable lifestyle.
- Be structured/organized enough to scale to a desired annual revenue goal.
- Get large enough to be sold when the time is right.
Purpose of Franchise Systems
In theory, all franchise opportunities should be a shortcut to business success.
You should save years of trial and error and reduce the risk of business failure significantly by purchasing a franchise as an alternative to launching a business in that industry independently.
You have access to all kinds of shortcuts and advantages.
In reality, many franchise opportunities are over-hyped/not realistic.
Why? Because many businesses that are temporarily “successful” don’t even realize they’re just benefiting from a temporary demand fad or some unique characteristic in their local market.
Many franchisors don’t have teaching skills or experience and may not actually have a model and product/service demand that translates well for franchising into other territories.
FDD & Vetting
Like many investments, you have to evaluate each franchise opportunity.
A Franchise Disclosure Document (FDD) is obviously something you want to scrutinize.
But we would encourage you to think more broadly and ask some basic questions:
- Do I believe this business model will be successful for years to come in my market?
- Do I believe this franchisor has the experience and expertise to help me be successful in my market?
- Will I be motivated to build this particular business?
- Will I enjoy being a part of this industry?
- Is the benefit of becoming a franchisee significantly better than attempting to launch this business independently?
At CoolVu, our founders bring decades of franchise development experience and decades of window industry experience. Then we spent years on developing our program before launching.
We knew there was a ton of demand and a growing market for quality window film, wraps, and similar installation across the country because our parent company also owns one of 3M’s most successful distribution companies.
AN IMPORTANT PART OF YOUR INVESTMENT
The Financial Investment
What you pay for access to a best-in-class business in a box system.
Fees & Investment Requirements to Open a CoolVu Franchise:
Initial Franchise Fee
$19,900
Franchise Territory Fee
$40,000
Second Territory Fee
$30,000
Third & Subsequent Territory Fee
$20,000
Required Working Capital
$10k-$20k
Total Overall Investment*
$63k-$111k
*Total overall franchise investments encompass the Initial Franchise Fee and Territory Fees which all potential franchisees are subject to.
Financing Options:
CoolVu offers in-house financing of the franchising fee to all qualifying franchisees. We also have special programs for Women & Minorities, Veterans, and First Responders.
You may also use a 401k or SBA loan to finance your purchase.
We’ll be happy to discuss your options.
THE MOST IMPORTANT INVESTMENT FOR BOTH OF US
The Investment in Time
Like any other business, a CoolVu franchise needs your hard work & focus in the early days. You can add staff as you get the hang of things.
Expectations:
Complete All Training Promptly
Schedule Your Day, Week, & Month Appropriately
Be a Good Teammate to the Franchise Family
Ask for Help When Needed
Deliver a 5-Star Customer Experience
Earn a Reputation for Excellence in Your Community
A SIMPLE YET CRITICAL PROCESS
How You Become a Franchisee
STEP 1: GETTING TO KNOW EACH OTHER
You Vet Us, We Vet You
At CoolVu, we view our franchisees as part of a family. With a reputation for excellence, we want to ensure each family member delivers a 5-star experience.
To that end, we want to be sure we’re aligned on:
- The business model, opportunity, and rules of the road
- A day in the life and what it means to be a franchisee down to the smallest detail
- Our culture and how we treat each other within the family
- Our goals for the future
- How our customers should feel
So read up on us on this website. If you feel like there’s a potential fit, request a call back or get your application in.
Be prepared to answer plenty of questions about yourself designed to help us be sure you’re a good fit and can be successful.
Get ready to meet other franchisees and ensure you both feel good about becoming family members.
Maybe we’re not a fit? Better to determine that early on.
STEP 2: THE CONTRACTUAL RELATIONSHIP
Paperwork & Payment
In a franchisor<>franchisee relationship, we make certain commitments to each other and for the benefit of all franchisees within the family.
We encourage you to read our agreement carefully and be sure you’re in agreement with your duties and ours.
At “closing,” we’ll collect your initiation payments, which may be financed.
You’ll own the rights to your specified territories and all the benefits that come with that.
STEP 3: GETTING STARTED RIGHT
Onboarding, Training & Launch
We’ve been there and done that and put a lot time into developing a robust program for our new franchisees.
Whether you’re new to business ownership or a seasoned veteran, we’ll going to be sure you know all the ends and outs of the business:
- Marketing
- Sales
- Installation Services
- Scheduling
- Payment Management
- Scaling Your Business
Expect to spend significant time with us in the early days and then graduate to masterminds, ongoing training, our conferences and more once you’ve learned the ropes.
