Koala Insulation Sets Aside $148,500 to Help America’s Entrepreneurs
The numbers are devastating: a staggering 30 million American workers have filed for unemployment since the onset of the novel coronavirus pandemic. As that number grows every day, Koala Insulation is doing its part to help entrepreneurs seeking career independence get back on their feet.
The emerging franchise brand is offering an extraordinary initial franchise fee giveaway of three franchise territories ($148,500 combined value) to qualified entrepreneurs who have been impacted by the devastating economic fallout following the COVID-19 crisis.
“As Americans continue to lose jobs and face economic hardships like never before, we knew we had to jump in and help, however we can,” said Scott Marr, founder and CEO of Koala Insulation. “Our brand is built on supporting customers and our franchisees, so this program came naturally out of that commitment.”
Starting May 12 and through June 30, Koala Insulation is inviting prospective franchisees to complete a franchise application and submit an essay to apply for the program.
Koala Insulation is prioritizing the program in select markets across the country. A panel of judges from Koala Insulation will select three qualified entrepreneurs based on their contest applications, which includes the essay. Winning contestants must meet all of Koala Insulation’s standard franchisee qualifications, which includes a financial requirement of $50,000 in liquidity (cash, marketable securities, etc.) and $150,000 in total net worth. Prospects will be required to purchase the equipment package and obtain financing as needed.
After a review of all prospective franchisee applications and essays, Koala Insulation will announce the potential winners on National Give Something Away Day (Wednesday, July 15).
To apply for the program, those interested should visit https://koalainsulation.com/franchise/coronavirus/ for more information on how to submit.
For more information on the Koala Insulation franchise opportunity, visit koalainsulation.com/franchise