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PODS
 

Portable on demand storage. PODS utilizes a specially equipped truck and patented hydraulic lift technology to deliver, retrieve and store up to an 8x8x16 foot container. Revolutionizing the moving and storage industry

Franchisor Background

Year Established:

  1997

Franchising Since:

  1998

Operating Units:

Franchised Units:55 83.3%  
Company-Owned Units:11 16.7%  
 ______ _____  
Total Operating Units:66 100%  
 

Geographic Distribution:

U.S.:66 100% In 9 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:66 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Florida0
2. Indiana0
3. Minnesota0

Registered in Following Registration States:

   Florida, Indiana, Virginia

Financial Requirements

Investment:

Minimum Net Worth:$1MM
Cash Investment:$400K
Total Investment:$1.5MM+
Average Total Investment:$1500K
 

Fees:

Initial Franchise Fee:$75K
Average Franchise Fee:$75K
On-Going Royalty:8%/$3.5K/Mo.
Average Royalty:8%
Advertising Fee:2%

Average Number of Employees:

   5 Full-time, 0 Part-time

Space Needs (in square footage):

   20,000

Preferred Sites:

  

Other Sites:

   Warehouse

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:110
Site Selection Assistance?Yes
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:Included in Fees
Central Purchasing:At Additional Cost
Field Operation Evaluation:Not Applicable
Field Training:At Additional Cost
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. St. Petersburg, FL2 Weeks
  

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Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:1
Formal Education:1
Psychological Profile:3
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:20 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership: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:

   25
U.S.:Yes, NE, SE, Midwest
Canada:No
Overseas:No
 
 
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