ShelfGenie FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will operate a business that designs and installs customized solutions for new and existing cabinets, pantries, closets, garages and other structures identified by the trade name and service mark “SHELFGENIE”.
Corporate Information
ShelfGenie SPV LLC is a Delaware limited liability company organized on November 13, 2020. They maintain their principal place of business at 1010 North University Parks Drive, Waco, Texas 76707. Their predecessor and affiliate is ShelfGenie Franchise Systems, LLC, a Georgia limited liability company formed on November 29, 2007.
Investment
The total investment necessary to begin operation of an Executive Franchise ShelfGenie® franchise (with standard two territories of 125,000 households each, under two franchise agreements) ranges from $95,050 to $148,100. This includes $70,900 to $71,200 that must be paid to the franchisor and their affiliates. The total investment necessary to begin operation of an Owner/Operator Franchise ShelfGenie® franchise ranges from $55,300 to $100,300. This includes $36,400 to $36,700 that must be paid to the franchisor and their affiliates.
The total investment necessary to begin operation of an area development ShelfGenie® Business is $167,350 (which includes the development fee plus the minimum cost of opening two Executive Franchise businesses) to $348,200 (which includes the development fee for 7 Executive Franchise businesses plus the cost of opening the first two Executive Franchise businesses). This includes $120,900 to $201,200 that must be paid to the franchisor or affiliate. The minimum number of franchised businesses required to be opened under a development agreement is two.
