Business Description

Personal services franchise opportunity with a range of services and investment levels, including shoe repair, dry cleaning, clothing alterations, monogramming, key cutting and knife and scissors sharpening.

Franchisor Background

Year Established:  1983

Franchising Since:  1984

Operating Units:
Franchised Units:	743	100%
Company-Owned Units:	0	0%
Total Operating Units:	743	100.0%
Geographic Distribution: U.S.: 175 23.6% In 20 States Canada: 1 0.1% In 1 Canadian Provinces International: 567 76.3% In 0 Foreign Countries   Total: 743 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Texas	58
2. Georgia	78
3. Florida	8

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$25-75K
Cash Investment:	$15-35K
Total Investment:	$45-95K
Average Total Investment:	$70K
Fees:
Initial Franchise Fee:	$15.5-17.5K
Average Franchise Fee:	$16K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:

Average Number of Employees: 2 Full-time, 1 Part-time

Space Needs (in square footage): 500

Preferred Sites: Storefront, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	20/10/10 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	24
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
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:	At Additional Cost
Field Training:	At Additional Cost
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Included in Fees
Training:
1. Marietta, GA	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 12 U.S.: Yes, All United States Canada: Yes, All CAN Exc. AB Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Heel Quik!.