Sears Hometown & Outlet Stores logo

Sears Hometown & Outlet Stores

Appliances, hardware
Investment
$116,000
Initial Franchise Fee
$25,000
Units
N/A
Growth Rate
N/A

Overview

Industry
Retail
Founded
1990
Franchising Since
2009
Parent Company
Leadership
Bruce Johnson, CEO
# of Employees at HQ
300

Units and Growth Chart

No chart data available.

Investment Details

Initial Franchise Fee
$25,000
Initial Investment
$116,000 - $2,208,000
Net Worth Requirement
$600,000
Cash Requirement
$250,000
Royalty Fee
0
Ad Royalty Fee
0
Technology Fee
N/A
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
2 weeks
Classroom Training
1 week

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations

Marketing Support

National Media
Regional Advertising

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
0
Are exclusive territories available?
No

Ranking History

Sears Hometown & Outlet Stores performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022