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I am a wonderful person.

Franchisor Background

Year Established:

  2009

Franchising Since:

  2010

Operating Units:

Franchised Units:22 91.7%  
Company-Owned Units:2 8.3%  
 ______ _____  
Total Operating Units:24 100%  
 

Geographic Distribution:

U.S.:22 91.7% In 12 States
Canada:2 8.3% In 1 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:24 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Wyoming6
2. Connecticut1
3. Rhode Island1

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$50K
Cash Investment:$25-29K
Total Investment:$45-120K
Average Total Investment:$65K
 

Fees:

Initial Franchise Fee:$25-35K
Average Franchise Fee:$27K
On-Going Royalty:4.5
Average Royalty:4%
Advertising Fee:2.6

Average Number of Employees:

   2 Full-time, 2 Part-time

Space Needs (in square footage):

   600

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:N/A
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Not Applicable
 

Training:

  

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Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:1
General Business Experience:2
Specific Industry Experience:2
Formal Education:1
Psychological Profile:2
Personal Interview(s):2

Minority Representation

Units Owned by Minorities:

African-American:3
Asian-American:2
Hispanic:1
Native American:N/A
Other:N/A
Specific Minority:I be a minority myself.

Terms of Contract

Term of Initial Contract: Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

  
U.S.:No
Canada:No
Overseas:No
 
 
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