Watermill Express Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. To know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
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Table of Contents
Watermill Express Franchise Wiki
Watermill Express was founded in 1984 and they began franchising in 1994, about 26 years ago. The current CEO of the company is Lani Dolifka and they have their corporate head office at 177 W. Jessup St. Brighton, CO 80601, USA.
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As of the 2016 Franchise Disclosure Document, there are 313 franchised Watermill Express locations in the USA. Watermill Express has franchise locations in 5 states. The largest region is the West with 213 franchise locations.
In the mid 1980’s Lani and Don Dolifka were living near a Superfund site and their drinking water was declared unsafe. They responded along with friends and family, by creating a multi-barrier water purification system that converted existing tap water into drinking water of exceptional purity.
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They promoted the concept of refilling your own container which helped reduce single-use plastic pollution and save money. Today the company has nearly 1,300 locations and now offers Waterocks Ice at select locations nationwide. Watermill Express is the largest drive-up pure drinking water company and the green alternative to prepackaged water in the United States.
Watermill Express Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Watermill Express Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
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Watermill Express Franchise Cost/ Investment / Price / Fee
- Initial Investment Range: $467,650 to $631,200
- Franchise Fee: $25,000
- Royalty Fee: 6 percent of Gross Sales and the Due Date for this fee is Paid by electronic funds transfer every Friday for the preceding Reporting Period. The amount of the Royalty Fee for any renewal term will be that provided in the Franchise Agreement executed for such renewal term.
Watermill Express Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Watermill Express Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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How to Apply For Watermill Express Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Watermill Express Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Is a Franchise?
Yes, a franchise.
How much does it cost to open Watermill Express Franchise?
- Initial Investment Range: $467,650 to $631,200
- Franchise Fee: $25,000
- Royalty Fee: 6 percent of Gross Sales and the Due Date for this fee is Paid by electronic funds transfer every Friday for the preceding Reporting Period. The amount of the Royalty Fee for any renewal term will be that provided in the Franchise Agreement executed for such renewal term.
What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
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