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VTS Franchising
 

Become part of the fast-growing Automatic Vehicle Location (AVL) industry by owning a VTS franchise. With no royalty payments, 5 years of residual monthly income and exclusive territory rights, the VTS franchise is the only franchise in the vehicle tracking industry. New franchisees will receive complete training by VTS direct sales professionals, as well as a rapid start-up kit which includes a laptop, client-relationship software, marketing tools and demonstration hardware.

Franchisor Background

Year Established:

  2002

Franchising Since:

  2007

Operating Units:

Franchised Units:0 0%  
Company-Owned Units:1 100%  
 ______ _____  
Total Operating Units:1 100%  
 

Geographic Distribution:

U.S.:1 100% In 1 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:1 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New York1

Registered in Following Registration States:

   Florida, New York, Oregon, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$150K
Cash Investment:$45-50K
Total Investment:$56.5-70K
Average Total Investment:$61K
 

Fees:

Initial Franchise Fee:$19.5K
Average Franchise Fee:$19K
On-Going Royalty:0
Average Royalty:0%
Advertising Fee:$250

Average Number of Employees:

   2-4 Full-time

Space Needs (in square footage):

  

Preferred Sites:

   Home-based

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:21
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Emails, Trade Show Exhibits, Videos
Additional Services:Newsletter, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 

On-Going Support:

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

Training:

1. VTS Corporate- Deer Park, NY10 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:3
Formal Education:3
Psychological Profile:1
Personal Interview(s):4

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:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

  
U.S.:Yes, All States
Canada:No
Overseas:No
 
 
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