The Entrepreneur's Source

  • TES Franchising, LLC
900 Main St. S., Bldg. # 2
Southbury, CT 06488
  • (203) 405-2131
  • (203) 264-3516 (Fax)

The Entrepreneur's Source is an all inclusive one source resource for Entrepreneurship. With over 30 years experience and 33% of the market, E-Source dominates the coaching industry. E-Source Coaches provide education, coaching and resources to individuals who desire to achieve their dreams of becoming self sufficient through business ownership. This allows our clients to explore alternate career options that meet their goals needs and expectations utilizing our Possibilities Passport Discovery process. Our coaches also work with existing franchise business owners to help them grow revenues and increase the value of their business.

Franchisor Background

Year Established: 1984

Franchising Since: 1997

Operating Units

Franchised Units 160 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 160 100%

Geographic Distribution

USA 160 97.0% In 40 States
Canada 5 3.0% In 1 Provinces
International 0 0.0% In 0 Foreign Countries
Total 165 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
California 33
Michigan 17
North Carolina 17

Registered in the following Registration States

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

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Support and Training

General Information

IFA Member Yes
CFA Member Yes
Franchisee Association? No
Size of Corporate Staff 35
Site Selection
Assistance
N/A
Lease Negotiation Assistance N/A
Financial Assistance No

Marketing Support

Co-Op Advertising No
National Advertising Yes
Regional Advertising No
Local Advertising No

Ongoing Support

Central Data Processing N/A
Central Purchasing N/A
Field Operation Evaluation N/A
Field Training Included
Initial Store Opening N/A
Inventory Control N/A
Franchisee Newsletter N/A
Regional or National Meetings Included
800 Telephone Hotline Included

Training

Southbury, CT 5 Days
Virtual 6 Weeks
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Financial Requirements

Investment

Minimum Net Worth $199K
Cash Investment $67K
Total Investment $66-74.6K
Average Total Investment $70K

Fees

Initial Franchise Fee $45K
Average Franchise Fee $45K
On-Going Royalty 25%/5-15%
Average Royalty 0%
Advertising Fee $750/Mo.

Site Information and Requirements

Average Number of Full-Time Employees 1
Average Number of Part-Time Employees 0
Space Needs (in square feet) None
Preferred Site Types N/A
Encourages Conversions Yes
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? No
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Franchisee Qualifications

Financial Net Worth 4
General Business Experience 4
Specific Industry Experience 1
Formal Education 1
Psychological Profile 2
Personal Interviews 5
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 10
Passive Ownership? Allowed, but discouraged
Area Development
Agreements?
Yes, for 8 years
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months 30
USA Yes, All United States
Canada Yes, All Canada
Overseas Yes, Most Countries
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Request Information for The Entrepreneur's Source

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