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Home > Franchises > Hometown Threads
Hometown Threads
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Hometown Threads was found in 1998 and it started franchising in 2001. Hometown Threads is one of the country’s fastest growing retail franchises today. Currently they have thirty locations strategically placed in large high traffic retail chains like Wal-Mart throughout the United States. Their management team has over thirty years combined experience in the embroidery industry. Their franchisees are creative minded individuals with a mission to cater to the customers who come to them for unique embroidered apparel, accessories and gifts.
The company provide good service include personalized gift and retail embroidery service there costs and fees include total investment is 165000 dollars, express or kiosk option available franchise fee is 29000 dollars, ongoing royalty fee is 6 percent, term of agreement is 10 years, renewable, renewal fee is 5000 dollars. Because of good service they represent in some raking according to Entrepreneur magazine 2002 to 2006. That includes Franchise 500 rank is 489 in 2006, Top New Ranking is 48 in 2006.
The combined knowledge of the top embroiderers in the country, high-tech equipment and computer software, they have created the ultimate in embroidery shop franchises. After years of testing the concept in high-traffic, retail store chains like Wal-Mart, they have proven results and are willing to pass this on to you, as a franchisee. there solid business packages include an operational and marketing system that has years of success behind it. United with the best equipment, software, business tools, comprehensive training and ongoing support, they offer a great investment in a business that is fun to own and operate. They have taken the guesswork out of running your own business and are looking for entrepreneurs to join their fast growing team. If you are interested in owning a successful business, Hometown Threads is something you should definitely look into.
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