Studios in local markets - Sunbelt Business Brokers
Transcription
Studios in local markets - Sunbelt Business Brokers
History •Founded in 1978 •Over 300 franchises in 37 countries •The only decorative glass franchise in the world •The only national & international decorative glass business of our kind Our Services • Custom architectural art glass • Only national brand in a highly fragmented market • Decorative glass resource center • Diversified clientele • Diversified products – things we make & things we outsource Our Products • • • • • • • • • • • • • • Traditional Stained Glass Slumped Glass Textured glass Etched Glass Carved Glass Beveled Glass Leaded Glass Fused Glass Laminated Glass Insulated Glass Bullet Resistant Glass Blast Resistant Glass Mirror And of course Stained Glass Overlay SGO Benefits • • • • • • • • • • • • Greatest range of glass products Immense buying power = low prices Studios in local markets – commercial clients deal with owners face to face Unlimited Design Freedom Privacy, beauty & safety Wide variety of colors Wide variety of price points Airtight & waterproof Blocks up to 95% UV light penetration Lightweight & maintenance free Withstands temperature extremes Comprehensive warranty Windows Doors Bath Cabinets Public areas and…. Ceilings & Skylights …not so public areas! Overlay Production • Proprietary design library • Full CAD-CAM systems enable automated production • Integration of old world artistry with modern production techniques SGO Markets Residential Retail Network Manufacturers Religious Retail Distribution Network • 6 Primary Business Groups we provide design leadership to: • Architects • Builders • Interior Designers • Kitchen / Bath • Window / Door • Commodity Glass The SGO Business Model • Marketing Focused • Ease of production = ease of training • Hi-Margin Product • Little Competition • Low operating expenses • Low inventory requirements • Scaleable business model The SGO Staffing Model • Scaleability is key – 5 Functional areas to staff over time • • • • • • Management Sales Design Fabrication Installation Typically 2 people to start business, owner & 1 fabricator – Owner does management, sales, design – Fabricator does fabrication – Outsource installation to glazing subcontractor • • Add Personnel as business grows We want our businesses to grow organically without the need for high fixed costs Marketing SGO • • SGO Corporate markets to the best known “home improvement” TV shows – ABC • Extreme Makeover – Fox • Renovate My Family – HGTV • Curb Appeal • Kitchen Trends • Bad Bad Baths – TLC • While You Were Out SGO underwrites the project, franchisees get the exposure! • • • Distinct programs for marketing to retail, commercial, religious and residential markets Extensive marketing and advertising collateral, brochures & website presence Major TV & national trade show presence SGO Support • • • • • Pre-training support 2 Week training in CA Ongoing business support Business mentor program 24/7 Web enabled intranet peer support • Regional Meetings • Annual Convention • You are never alone Training SGO Product Training •Film, lead, bevels and tools •Project estimating •Film application •Design sourcing and creation •Computer design program •Hands-on- projects •Installation SGO Business Training • • • • • • • • Business plan development Marketing plan development Work in our SGO Studio Studio set-up/organization Advertising Sales & Marketing Supplier Relations Pragmatic intense training to create a 365 forward view into your business The SGO Design Studio • Professional consultation studio • 1200-1500 sq. ft • Light Industrial area • 1/3 showroom • 2/3 work shop • Destination vs. walk in • Does not require prime retail space Who is the SGO Franchisee • • • • People/Sales Skills Creative Orientation Owner mentality Artistic itch Start-Up Approx. $115,000 • • $49,500 – Franchise Fee – Includes: Marketing Territory of 250,000 population 2 Weeks Training in California 21 Piece Glass Display Package All CAD-CAM Software 10 Year Contract Term $65,000 – Studio Buildout – Working Capital Minimum Net Worth: $250,000 Total Liquidity: $150,000 Gross Referral Fee: $17,000 Franchise Sales Process Highly Structured Process That Keeps you Informed! • • • • • • • • • • Initial Qualification Calls Internet Webinar presentation UFOC delivery Executive Approval Interviews Franchisee calls Discovery Day/Open House Territory set Market Validation/Territory Review Decision Day Initiate Contract Why Get Excited? 1. We are the only business of our kind 2. Most of your candidates have seen projects our franchisees have done 3. We conduct a market validation prior to awarding a franchise to answer 2 big questions: • Is there a good market in the area? • Can your candidate do it? Contact Send Leads To: Amanda Carnegie, Development Coordinator 800‐944‐4746 acarnegie@stainedglassoverlay.com Additional Contact: Nick Neonakis, Vice President 216‐752‐8712 Phone 949‐355‐4023 Cell nneonakis@stainedglassoverlay.com