factual

What kind of support does Bor Restoration supply before opening?

Bor_Restoration Franchise · 2024 FDD

Answer from 2024 FDD Document

Pre-Opening Assistance

Before you open, your Business, BOR Franchising, LLC, will,

  • a. assign you an "Exclusive Territory" (Item 12 and Franchise Agreement, Article 1);
  • b. deliver the Opening Package and the BOR Software Suite (Franchise Agreement, Articles 2 and 3).
  • c. provide you with the Initial Training that is described in this Item 11 (Franchise Agreement, Article 7):
  • d. if we have one, provide you with a list of approved suppliers for equipment, goods, and services (Franchise Agreement, Section 5.2);
  • e. loan you one copy of all of the Franchisee Manuals that you need to operate the Business (Franchise Agreement, Section 5.1); and,
  • f. supply reasonable support by telephone, text, and email (Franchise Agreement, Section 5.2).

Your employees are not our employees, and you are solely responsible for hiring, training, and managing them from day to day. Though we train your "Principal Operator" and "Designated Manager" (see Training in this Item 11), we offer no other guidance to your employees.

Post-Opening Assistance

During the operation of your Business, BOR Franchising, LLC will,

  • a. offer additional conferences, training seminars, or programs at a frequency we determine. Some of these seminars or programs may be mandatory, and we may charge tuition (Item 6 and Franchise Agreement, Section 5.3);
  • b. if there are any, provide updates to the Franchisee Manuals, the System, the Marks, and in reference to the training provided to you, at a frequency which we determine (Franchise Agreement, Section 5.3):
  • c. review all promotional materials and advertising you wish to use (Franchise Agreement, Section 5.3);
  • d. if requested by you and approved by us, we will provide Additional Training at a location determined by us.

Source: Item 11 — (FDD pages 22–28)

What This Means (2024 FDD)

According to Bor Restoration's 2024 Franchise Disclosure Document, the company offers several forms of assistance to franchisees before they open their business. Bor Restoration will assign an exclusive territory to the franchisee, deliver an opening package and the BOR Software Suite, and provide initial training. The franchisor will also provide a list of approved suppliers for equipment, goods, and services, if available.

Additionally, Bor Restoration will loan the franchisee one copy of all Franchisee Manuals needed to operate the business. The franchisee manuals contain approximately 96 pages. The franchisor will also supply reasonable support via telephone, text, and email. The opening package costs $87,558.

The initial training consists of approximately five days of instruction, including about 40 hours of classroom instruction and 3 hours of on-the-job training. At least one of two people must complete Initial Training before opening. The franchisee is responsible for covering all costs associated with attending the training, such as travel, lodging, food, and wages.

Before opening, franchisees must also plan and pay a minimum of $500 for a grand opening advertising campaign, which Bor Restoration must approve. Franchisees must also secure all necessary permits and licenses, purchase or lease, and have installed all of the equipment Bor Restoration requires. They must also obtain the required insurance and provide Bor Restoration with evidence of it.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.