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Accountants Inc.
 

Temporary and full time placement of accounting and finance professionals.

Franchisor Background

Year Established:

  1986

Franchising Since:

  1994

IFA Member



Operating Units:

Franchised Units:15 51.7%  
Company-Owned Units:14 48.3%  
 ______ _____  
Total Operating Units:29 100%  
 

Geographic Distribution:

U.S.:32 100% In 13 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:32 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California21
2. Washington3

Registered in Following Registration States:

   California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Virginia, Washington, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$145-200K
Cash Investment:$174.5-224K
Total Investment:$174.5-224K
Average Total Investment:$200K
 

Fees:

Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:7.5-10%/4K
Average Royalty:9%
Advertising Fee:2.5 w/Co-Op

Average Number of Employees:

   6 Full-time, 0 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

  

Other Sites:

   Class A Office

Encourage Conversions?

   No

Earnings Claims Provided?

   Yes

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:35
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
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:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Burlingame, CA
2. Franchisee's Location
 

Franchisee Qualifications

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

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:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
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
 
 
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