The initial term of a franchise is five (5) years, with an unlimited amount of successive renewals of five (5) years upon satisfaction of certain conditions.
For less-than-truckload services the royalty fee due ranges from 16-19% of the gross margin (revenue minus transportation costs) per shipment; for truckload services and other specialized freight services the royalty fee due is 16-19% of the gross margin or $62.50 (whichever is greater), or you have the ability to cover your own truckloads to receive 16-19% of Gross Margin.
We provide additional training upon request and subject to availability. BlueGrace also provides you with a dedicated Franchise Support Team, which includes Freight Desk Support, Customer Service, IT Support, Receivables, Pricing (for larger customers), and Enterprise Development Team and Onsite Business Support.
We encourage prospective franchisees to conduct significant due diligence prior to committing to any new business venture. The Item 19 in our FDD provides historical data of financial performance. Also, existing BlueGrace Logistics franchisees are an excellent source for answering questions about operations, marketing, finances, etc. The amount of profit or loss is dependent on a number of factors including the ability of the franchisee to manage the business, drive sales volume and control operating costs. Names and phone numbers of existing franchisees are available by request.