Frequently Asked Questions :KDW TXDOL¿FDWLRQV DUH HVVHQWLDO WR EHFRPH D 6HDUV +RPHWRZQ 6WRUH RZQHU" The ideal owner candidate is outgoing, results-oriented and committed to success. You need to be able to motivate and manage employees and have a good basic knowledge RI EXVLQHVV DQG ¿QDQFLDO SULQFLSOHV <RX PD\ EHQH¿W IURP SUHYLRXV PDQDJHPHQW DQG sales experience. Owners must be willing to focus their energies exclusively on the business. :KDW DUH WKH ¿QDQFLDO UHTXLUHPHQWV DQG WKH LQLWLDO LQYHVWPHQW , QHHG WR PDNH" Average initial investment is estimated to be $96,000* however, the size of your store and necessary leasehold improvements will determine your actual start-up costs. You must have $25,000 cash available and the ability to borrow $100,000 in capital. *This estimate is provided only as guidance. If you choose to build your own facility, the investment necessary to SXUFKDVH UHDO HVWDWH DQG FRQVWUXFW WKH EXLOGLQJ YDULHV VLJQL¿FDQWO\ E\ ORFDWLRQ DQG ZLOO EH LQ H[FHVV RI WKLV HVWLPDWH 'R , SD\ DQ\ IHHV RU UR\DOWLHV WR 6HDUV" No. Sears does not collect any fees or royalties and the inventory remains under Sears ownership, so there are no inventory costs. +RZ PXFK PRQH\ FDQ , PDNH" 3UR¿WDELOLW\ YDULHV GHSHQGLQJ XSRQ D QXPEHU RI IDFWRUV LQFOXGLQJ VDOHV VWRUH ORFDWLRQ number of households in the market, operating expenses, lease/real estate costs, and your ability to manage and control the business. &DQ , KLUH D PDQDJHU IRU P\ VWRUH" Yes, but the store owner must personally devote his or her full-time and best efforts to the day-to-day operation of the store. The owner is responsible for all employee and VWDI¿QJ GHFLVLRQV 'R , SURYLGH D ORFDWLRQ DQG WKH EXLOGLQJ" <HV RXU WHDP ZLOO DVVLVW \RX LQ ¿QGLQJ D ORFDWLRQ DQG IDFLOLW\ WKDW PHHWV ZLWK RXU approval. Market requirements and your resources will determine whether you will buy, build or lease your facility. continued