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Franchisor Background
Year Established: 1987Franchising Since: 1987
Operating Units: Franchised Units: 159 99.4% Company-Owned Units: 1 0.6% ______ _____ Total Operating Units: 160 100% Geographic Distribution: U.S.: 0 0% In 0 States Canada: 160 100% In 1 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 160 100% North America: States/Provinces with the largest number of operating units: Density Units 1. British Columbia 108
Registered in Following Registration States: Financial Requirements
Investment: Minimum Net Worth: $25K Cash Investment: $2-75K Total Investment: $18K Average Total Investment: $18K Fees: Initial Franchise Fee: $18K Average Franchise Fee: $18K On-Going Royalty: 5-15% Average Royalty: 10% Advertising Fee: 1%
Average Number of Employees: 2 Full-time, 0 Part-timeSpace Needs (in square footage): N/APreferred Sites: Other Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: Yes Franchisee Association/Member: Yes, Member Size of Corporate Staff: 4 Site Selection Assistance? Yes Lease Negotiation Assistance? Not Applicable Financial Assistance? Yes, Direct 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: Included in Fees Central Purchasing: Included in Fees Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Not Applicable Franchisee Newsletter: Included in Fees Regional or National Meetings: At Additional Cost 800 Telephone Hotline: Included in Fees Training: 1. Head Office 1-6 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 3 General Business Experience: 3 Specific Industry Experience: 1 Formal Education: 1 Psychological Profile: 2 Personal Interview(s): 3
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 5 Year(s) Term of Renewal Period: 5 Year(s) Passive Ownership: Allowed, But Discouraged Area Development Agreements? Yes, for 1 Year(s) Sub-Franchising Contracts? Yes Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 30
U.S.: Yes, Master Franchises Only Canada: Yes, Master Franchise Overseas: No
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