Compound Profit
321 N. Central Expressway, Suite 355
McKinney, TX 75070
-
(877) 386-3716
/
(972) 984-1433
- (888) 419-0777 (Fax)
The Company and its Franchisees are dedicated to helping businesses Compound Profit by improving their cash flow, reducing their operating costs, and increasing their bottom line. We do this through services like factoring (and other forms of alternative financing), credit collections, bill auditing, accounts receivable consulting, sales training, and more
Franchisor Background
Year Established: 2006
Franchising Since: 2006
Operating Units
| Franchised Units |
71 |
100.0% |
| Company-Owned Units |
0 |
0.0% |
| Total Operating Units |
71 |
100% |
Geographic Distribution
| USA |
71 |
100.0% |
In 27 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
71 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| California |
5 |
| Florida |
5 |
| Ohio |
5 |
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
No |
| Size of Corporate Staff |
26 |
Site Selection
Assistance |
N/A |
| Lease Negotiation Assistance |
N/A |
| Financial Assistance |
Yes, Indirect |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
N/A |
| Field Operation Evaluation |
Included |
| Field Training |
Yes, at additional cost |
| Initial Store Opening |
N/A |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Yes, at additional cost |
| 800 Telephone Hotline |
Included |
Training
| McKinney, TX |
5 Days |
| Pre-training (online) |
3 Days |
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Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| Cash Investment |
$39K-92K |
| Total Investment |
$50K-100K |
| Average Total Investment |
$0K |
Fees
| Initial Franchise Fee |
$34K |
| Average Franchise Fee |
$34K |
| On-Going Royalty |
8 |
| Average Royalty |
8% |
| Advertising Fee |
250 |
Site Information and Requirements
| Average Number of Full-Time Employees |
1 |
| Average Number of Part-Time Employees |
3 |
| Space Needs (in square feet) |
None
|
| Preferred Site Types |
N/A
|
| Encourages Conversions |
N/A |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
Yes |
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Franchisee Qualifications
| Financial Net Worth |
4 |
| General Business Experience |
4 |
| Specific Industry Experience |
3 |
| Formal Education |
3 |
| Psychological Profile |
3 |
| Personal Interviews |
4 |
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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 0 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 |
24 |
| USA |
Yes, All United States |
| Canada |
No |
| Overseas |
No |
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