Frequently Asked Questions (FAQ)
What is COIT looking for in a franchise business owner?
COIT is looking for business leaders with a strong desire to build their own company. Potential franchise business owners are individuals who are comfortable managing multiple employees, confident in overseeing day-to-day operations, and able to implement local marketing campaigns.
What franchise fees and royalties does COIT charge?
The franchise fee is $20,000 plus 4 cents per household in your territory, with a minimum territory of 100,000 households. On an ongoing basis, the maximum royalty is 6% of gross receipts.
Are the territories protected?
Yes. No other COIT operation will be granted the right to service customers in the geographic area defined in your franchise agreement. your franchise fee gives you the right to build your own business with both residential and commercial customers within your protected territory.
How long does it take to start a COIT franchise?
We estimate it will take 60 to 90 days from the time your franchise application has been approved for you to begin operating your COIT business.
What is the overall dollar investment needed to establish a COIT franchise?
It averages from $49,560 to $143,350, which includes the franchise fee, equipment, start-up supplies, working capital, and advertising materials.
What are the next steps involved in becoming a COIT franchisee?
Becoming a COIT franchise business owner is easy. Our process is comfortable and can be tailored to fit your timeframe. Just follow these easy steps and you'll be on your way to building a business of your own!
- Call the COIT Franchise Development Department at 1-800-243-8797
- Fill out and return a Franchise Application form
- Attend a Discovery Day
- Sign the franchise agreement
- Complete our training program