Experimac
- Experimac Franchising, LLC
2121 Vista Pkwy.
West Palm Beach, FL 33411
Experimac is the innovator in technology sales and service, specializing in highly coveted Apple® products with multiple revenue streams and a track record for financial success. The original retail location saw steady growth, with even more expected with the addition of cell phone repair services. Experimac is part of United Franchise Group, the global leader for entrepreneurs, with more than 30 years of franchise experience. Being a part of our proven franchise model offers extensive benefits that ensure you will never go it alone. We are here to help you establish your retail store, assist you with choosing the right location, building out the retail space, negotiating your lease and coordinating the build-out of your space. That’s not all. Our experienced financing experts will also walk you through a variety of options to fund your new venture, including financing and equipment leasing so your store is set-up with everything you need.
Franchisor Background
Year Established: 2009
Franchising Since: 2014
Operating Units
Franchised Units |
0 |
0.0% |
Company-Owned Units |
1 |
100.0% |
Total Operating Units |
1 |
100% |
Geographic Distribution
USA |
0 |
N/A |
In 0 States
|
Canada |
0 |
N/A |
In 0 Provinces
|
International |
0 |
N/A |
In 0 Foreign Countries
|
Total |
0 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
0 |
Franchises Owned by Multi-Unit Operators |
0 |
North American Unit Density
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? |
Yes, is a member |
Size of Corporate Staff |
0 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Direct |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
No |
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
Included |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
Minimum Net Worth |
N/A |
Cash Investment |
$50K |
Total Investment |
$130-145K |
Average Total Investment |
N/A |
Fees
Initial Franchise Fee |
$49.5K |
Average Franchise Fee |
N/A |
On-Going Royalty |
6.0% |
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 |
N/A
|
Encourages Conversions |
Yes |
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 |
1 |
Specific Industry Experience |
1 |
Formal Education |
1 |
Psychological Profile |
1 |
Personal Interviews |
1 |
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Terms of Contract
Term of Initial Contract |
N/A |
Term of Renewal Period |
N/A |
Passive Ownership? |
Allowed |
Area Development Agreements? |
Yes, for 0 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
Projected New Units Over Next 12 Months |
0 |
USA |
No |
Canada |
No |
Overseas |
No |
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