Travel Expenses for Training
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Before Opening
CoolVu
1. Franchise Snapshot
Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Other
Investment Range
$68,450 - $106,850
Total US Locations
110
Franchise Units
107
Founding Year
2018
Started Offering Franchises
2021
Management Capacity
Job Count
4
Prior E2 Investors?
Prior Visa Franchise Clients?
Royalty Fee
$1,000 per month
Marketing Fee
$250 per month
Franchise Fee
$9,950
Headquarters (City, State)
Marietta, GA
Square Footage
NA
Retail Location?
No
Agreement Term Length
10 years
Video
In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.
2. Franchise Overview
Overview
Management team / founders
Focus of owner for daily business operations
3. Performance & Metrics
Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
$1,000 per month
6%
6%
Marketing Fee
$250 per month
Franchise Fee
$9,950
$49,500
$40,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
0
19,900
Upon signing Franchise Agreement or paid in installments if financed with us
Territory Fee
10,000
10,000
Upon signing Franchise Agreement
Onboarding Services Fee
40,000
40,000
Upon signing Franchise Agreement
Technology Fee
250
250
On or before the 5th of each calendar month
Vehicle
1,300
3,500
Before opening
Vehicle Graphic Design, Printing and Installation
2,500
3,500
Before opening
Local Advertising
1,000
2,000
As incurred
Mobile phone with monthly data plan
100
300
Before Opening
Furniture and Fixtures
0
500
Before Opening
Office Equipment and Office Supplies
500
1,000
Before Opening
Travel Expenses for Training
1,200
2,500
Before Opening
Professional Fees, Licenses and Permits
1,000
2,500
Before Opening
Insurance
600
900
Before Opening
Additional Funds- 3 months
10,000
20,000
As incurred
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2022
0
39
+39
Franchised
2023
39
81
+42
N/A
2024
81
107
+26
N/A
2022
1
2
+1
Company-Owned
2023
2
3
+1
N/A
2024
3
3
0
N/A
2022
1
42
+41
Total Outlets
2023
41
84
+43
N/A
2024
84
110
+36
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
1 year / 3 years
Failure Rate
1 year / 3 years
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
1 year / 3 years
CoolVu
32% / 0%
0% / 0%
0% / 0%
Industry median
3% / 11%
4% / 12%
4% / 12%
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.
