Ideal Candidates

Prosource: Home of Successful Franchise Owners

Some of our most successful franchise owners have come from the home improvement industry, previously working as an executive for a national or regional chain or as a private business owner in the home improvement industry. While owner backgrounds vary, here are a few common and consistent traits we see in our successful franchisees:

  • Ability to lead and motivate people
  • Ability to build lasting relationships
  • Ability to multi-task and organize team efforts
  • Competitive spirit, ambitious
  • Service-oriented
  • Self-motivated and driven to succeed
  • Outgoing and self-assured
  • Technologically savvy
  • Strong local market knowledge with ties to the community/industry
  • Business-minded

Initial investment requirement

While our franchise owners represent a variety of professional backgrounds and enjoy independence in their operations, there are minimum financial qualifications for all franchisee candidates:

These are the minimum requirements we ask of you:

Minimum liquid capital
Minimum net worth
Solid credit rating
$200,000
$900,000

This is the typical investment for a new ProSource Showroom*:

Franchise fee
Furniture, fixtures and equipment
Construction and Showroom build out
**Pre-opening expenses
Total investment
$46,450
$236,928
$103,571
$93,615
$480,564

 

*See item 7 of the ProSource Franchise Disclosure Document (FDD) for complete details. Please note that Item 7 of the FDD includes post opening expenses not included in the numbers above.

**Actual build out costs will vary based upon exact location selected and the amount of tenant improvements provided by the landlord. The number shown above assumes tenant improvements of $150,000 amortized over a 5 year lease.

The information contained herein is for informational purposes only and in no way shall constitute an offer for the sale of a franchise.