Gotcha Covered Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$69,900
Investment required
$103,000 - $136,000
Royalty fee
$350 to $2000 per month

Gotcha Covered: Transforming Spaces with Custom Window Solutions

Gotcha Covered is a franchise that specializes in custom window treatments, including blinds, shades, shutters, and draperies for both residential and commercial spaces. The company was founded in 1992 and has since grown into a well-established brand with a strong presence across North America.

Headquartered in Denver, Colorado, Gotcha Covered began franchising in the early 2000s, offering entrepreneurs the opportunity to join a network that combines the buying power and resources of a large company with the personalized service of a small business.

What sets Gotcha Covered apart from its competitors is its extensive selection of window treatment products and its commitment to personalized customer service. Franchisees benefit from offering a wide range of products from top manufacturers, such as Hunter Douglas and Graber, allowing them to cater to a diverse clientele with varying tastes and budgets. 

The franchise also emphasizes innovation, offering motorization and smart home integration options, which are increasingly popular among customers looking for modern, convenient solutions.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $62,910 - $69,900
Franchise Starter Package $19,900
Annual Conference Registration Deposit $1,000
Launch Campaign (Marketing for Grand Opening) $15,000 - $30,000
Training $250 - $2,000
Equipment $0 - $600
Insurance $1,000 - $4,000
Miscellaneous Opening Costs $100 - $1,500
Additional Funds – 3 Months $3,000 - $7,500
TOTAL ESTIMATED INITIAL INVESTMENT $103,160 - $136,400

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Number of units

2024
Franchised units

128

146

154

Company-owned units

0

0

0

Total units

128

146

154

Franchise Disclosure Document

Training 

Gotcha Covered provides its franchisees with comprehensive training designed to ensure their success in the custom window treatment industry. The training program is structured in several key phases:

  1. Initial Training: Franchisees undergo an intensive, multi-day training program at the company's headquarters in Denver, Colorado. This training covers all aspects of running a Gotcha Covered franchise, including product knowledge, sales techniques, business operations, and customer service. Franchisees learn about the wide range of window treatment options available, as well as the latest trends and technologies, such as motorization and smart home integration.
  2. On-Site Training: After the initial training, Gotcha Covered provides on-site support during the franchisee's launch phase. This includes assistance with setting up the business, conducting the first consultations, and executing the initial marketing strategies. The goal is to ensure that franchisees are confident and prepared as they begin operating their new business.
  3. Ongoing Support: Gotcha Covered emphasizes continuous learning and support. Franchisees have access to ongoing training opportunities, including webinars, regional meetings, and annual conferences. Additionally, they receive regular updates on industry trends, new products, and marketing strategies, helping them stay competitive and grow their business effectively.

Territory Protection

Gotcha Covered franchisees are typically granted territory protection, ensuring that they have exclusive rights to operate within a defined geographic area. 

This protection means that no other Gotcha Covered franchise can be established within the same territory, allowing franchisees to fully develop their market potential without direct competition from another franchisee. 

The specific size and boundaries of the protected territory are detailed in the franchise agreement, providing franchisees with clarity and security regarding their exclusive rights.

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