Interface Financial Group, The - IFG 50/50

  • Interface Financial Corp.
7910 Woodmont Ave., # 1050
Bethesda, MD 20814
USA
  • (800) 387-0860 / (905) 475-5701
  • (240) 559-1213 (Fax)

Franchisees buy quality accounts receivable from client companies at a discount to provide short-term working capital to expanding businesses.

Franchisor Background

Year Established: 1972

Franchising Since: 1990

Operating Units

Franchised Units 79 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 79 100%

Geographic Distribution

USA 79 65.8% In 45 States
Canada 26 21.7% In 6 Provinces
International 15 12.5% In 5 Foreign Countries
Total 120 100%

Multi-Unit Operators

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

North American Unit Density

Density Units
California 9
Florida 9
Texas 9

Registered in the following Registration States

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia

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Support and Training

General Information

IFA Member Yes
CFA Member Yes
Franchisee Association? Yes, is a member
Size of Corporate Staff 13
Site Selection
Assistance
N/A
Lease Negotiation Assistance N/A
Financial Assistance No

Marketing Support

Co-Op Advertising No
National Advertising No
Regional Advertising No
Local Advertising No
Marketing Materials Ad Slicks, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
Additional Services: Marketing Research, Newsletter, Press Releases, Sales Strategies
Other Marketing Support Online intranet

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 Included
Regional or National Meetings N/A
800 Telephone Hotline N/A

Training

Total 6 Days
On-Site 2 Days
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Financial Requirements

Investment

Minimum Net Worth $100-150K
Cash Investment $50K or less
Total Investment $86.8-137.8K
Average Total Investment $112K

Fees

Initial Franchise Fee $34.5K
Average Franchise Fee N/A
On-Going Royalty 8%
Average Royalty N/A
Advertising Fee N/A

Site Information and Requirements

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

Financial Net Worth 1
General Business Experience 5
Specific Industry Experience 2
Formal Education 3
Psychological Profile 1
Personal Interviews 1
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 5
Passive Ownership? Not Allowed
Area Development
Agreements?
No
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? No
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Expansion Plans

Projected New Units Over Next 12 Months 15
USA Yes, All United States
Canada Yes, All Canada
Overseas Yes, Australia and UK
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