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A national executive search firm specializing in store and mid-level management through vice president level positions in the retail, hospitality and service industries.
Franchisor Background
Year Established: 1984Franchising Since: 1999
Operating Units: Franchised Units: 4 80% Company-Owned Units: 1 20% ______ _____ Total Operating Units: 5 100% Geographic Distribution: U.S.: 5 100% In 6 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 5 100% North America: States/Provinces with the largest number of operating units: Density Units 1. Connecticut 1 2. Massachusetts 2 3. Rhode Island 1
Registered in Following Registration States: Rhode Island Financial Requirements
Investment: Minimum Net Worth: $NA Cash Investment: $50-60K Total Investment: $50-60K Average Total Investment: $55K Fees: Initial Franchise Fee: $30K Average Franchise Fee: $30K On-Going Royalty: 10% Average Royalty: 10% Advertising Fee: 8%
Average Number of Employees: , 0 Part-timeSpace Needs (in square footage): 150+Preferred Sites: Other Sites: Encourage Conversions? NoEarnings Claims Provided? YesListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: No Franchisee Association/Member: Yes, Member Size of Corporate Staff: 12 Site Selection Assistance? Yes Lease Negotiation Assistance? Yes Financial Assistance? Yes, Indirect Marketing Support: Co-Op Advertising: Yes 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: Not Applicable Field Operation Evaluation: Included in Fees Field Training: Not Applicable 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. Atlanta, GA 4 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: N/A General Business Experience: N/A Specific Industry Experience: N/A Formal Education: N/A Psychological Profile: N/A Personal Interview(s): N/A
Minority Representation
Units Owned by Minorities: African-American: 0 Asian-American: 0 Hispanic: 0 Native American: 0 Other: 0 Specific Minority: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Terms of Contract
Term of Initial Contract: 10 Year(s) Term of Renewal Period: Year(s) Passive Ownership: Not Allowed Area Development Agreements? Yes, for 1 Year(s) Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 5
U.S.: Yes, All United States Canada: No Overseas: No
