Franchise Summary
Description
The franchise offered by ShelfGenie Franchise Systems, LLC is for the operation of a business that designs and installs customized solutions for new and existing cabinets, pantries and other structures identified by the trade name and service mark "SHELFGENIE". A separate franchise agreement must be entered into for each SHELFGENIE Business operated by a franchisee.
Company Background
SHELFGENIE is a company that provides custom solutions for your cabinets, pantries and other structures. The company offers both new and existing cabinets, pantries and other structures.
Franchise Opportunity
You love your cabinets and pantry, but they're just not working for you the way you need them to. Having a well-organized kitchen is key to a happy home. You shouldn't have to sacrifice style or storage space in order to be organized. ShelfGenie has the perfect solution for you. We are experts in customized cabinet solutions, and we can help you create the perfect organizational system for your kitchen. From adding new shelves and drawers to reconfiguring your space, we can do it all.
Corporate Structure
ShelfGenie Franchise Systems, LLC is a Georgia limited liability company formed on November 29, 2007. Their principal business address is 5500 Interstate North Faraway, Suite 250, Atlanta, Georgia 30328. They have offered franchises for SHELFGENIE Businesses since May 2008.
Investment and Franchisee Fees
The total investment necessary to begin operation of an Executive Franchise SHELFGENIE Business for is from $45,100 to $95,000. This includes $25,300 to $25,800 that must be paid to franchisor and/or an affiliate. The total investment necessary to begin operation of an Owner/Operator franchise SHELFGENIE business is from $27,350 to $67,250. This includes the $13,500 to $14,250 that must be paid to the franchisor and/or affiliate. If you enter into an Option Amendment for the future purchase of additional Assigned Territories, you will pay an Option Fee equal to $10,000 for each Option Assigned Territory included under the Option Amendment. This amount will be applied toward the initial franchise fee payable under any franchise agreement executed for each Option Assigned Territory.
Royalties and Marketing Fees
Royalties : i. The greater of $400 per month and 5% of Gross Revenues.ii. The greater of $200 per month and 5% of Gross Revenues
Royalties : 2% of Gross Revenues
Royalties : i. For Executive Franchise $2,500 per month ii. For Owner/Operator Franchise $1,250 per month
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Home Improvement & Remodeling Industry$135,093 / unit
Franchise Type: Standard
Average Revenue During 2020
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Distribution of ShelfGenie Franchisees
ShelfGenie Franchise System Development in 2022
FAQ
How much investment do I need to start my own ShelfGenie business?
Franchisees typically require at least $95,050 to $148,100 investment to get their ShelfGenie business started
What are the initial franchise fees for ShelfGenie?
Franchisees typically need to pay at least $70,900 in fees directly to ShelfGenie in order to earn the right to launch their business
How much money can I make with a ShelfGenie franchise? What are
the average revenues for a typical ShelfGenie business?
We estimate that the average revenue of an individual
ShelfGenie unit is approximately
$135,093. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a ShelfGenie unit? What
is my contractual commitment?
ShelfGenie franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$225,500 to $515,500
which is
Much Higher
than the $0 to $0 average in the Home Improvement & Remodeling industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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