Coit Services
Yes, we actively support the inclusion and development of minority-owned franchises in the Coit Services system.
Coit Services
897 Hinckley Rd.
Burlingame, CA 94010-1502
800#: (800) 243-8797 + 121
Tel: (650) 697-5471
Fax: (650) 697-1861
E-mail: nick@coit.com
Web Site: www.coit.com
Contact: Mr. Butch Moganero, Dir. Franchise Development
Granting large, exclusive territories, COIT SERVICES provides a proven opportunity in the carpet, upholstery, drapery, area rug air-duct cleaning and hard surface renewal business. COIT franchisees enjoy use of a universal 800# (1-800-FOR-COIT), along with successful marketing and business development that have been developed in 50 years of operational experience.
Franchisor Background
Established: 1950
First Franchise: 1963
Franchise Units: 60
Company-Owned Units: 10
Total Units: 70
Distribution:
> North America -- Operations in 26 States, 2 Provinces
> States/Provinces with Greatest Density: 16 in CA, 4 in WA, 4 in OH
Units Owned by Minorities:
>African-American: 0
>Hispanic: 2
>Asian-American: 1
>Native American: 0
>Other: Arab, Egyptian
Average Number of Employees: 2 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; Industrial
(for abbreviations click here)
Financial Requirements
Cash Investment: $40-60K
Total Investment: $100K
Average Total Investment: $100K
Minimum Net Worth: $No Minimum
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 2-6%
>Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 19
On-Going Support: A,a,B,C,D,E,G,H,I (for an explanation click here)
Training: 7 Days Corporate Headquarters; 1-2 Weeks in Field.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: Northeast, Southeast,Midwest
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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