Absentee ownership is not permitted. Franchisees must commit fulltime to the business, although they may start part-time as the business finds it footing for a brief period of time. Ultimately, the franchise should be run out of a professional office environment. On a case by case basis, franchisees may provide other services through their company that most Criterium Engineers locations do not offer, provided this work does not interfere with the business’ main objectives.

Criterium Engineers Franchise Opportunities - History

Beginning in 1957, Arthur Tauscher opened in Criterium Engineers to create safe, satisfying building for customers. In 1988, H. Alan Mooney purchased the company. Today, the company provides over 20,000 building inspections each year.

Criterium Engineers Franchise Cost / Initial Investment / Criterium

Engineers Franchise Income

Criterium Engineers has a franchisee fee of $29,500. Additionally franchisees must pay a 6% ongoing royalty fee on all gross sales, as well as 1% to be applied to cover communications expenses. The total initial investment amount is not available currently, but such details can be discussed with representatives from Criterium Engineers.

Criterium Engineers Business Opportunities: Other Information

Sourcing a Wall Street Journal report, Criterium Engineers says that 80% of non-franchised engineering service companies fail. However, Criterium Engineers is pleased to report that only 2% of its franchises close in any given year, citing that most of these closings are for personal reasons, not financial necessity. With the support of Criterium Engineers, franchisees are far more likely to succeed in the industry.