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VTS Franchising
Become part of the fast-growing Automatic Vehicle Location (AVL) industry by owning a VTS franchise. With no royalty payments, 5 years of residual monthly income and exclusive territory rights, the VTS franchise is the only franchise in the vehicle tracking industry. New franchisees will receive complete training by VTS direct sales professionals, as well as a rapid start-up kit which includes a laptop, client-relationship software, marketing tools and demonstration hardware.
Franchisor Background
Year Established:
2002
Franchising Since:
2007
IFA Member
Operating Units:
Franchised Units:
0
0%
Company-Owned Units:
1
100%
______
_____
Total Operating Units:
1
100%
Geographic Distribution:
U.S.:
1
100%
In 1 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
1
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. New York
1
Registered in Following Registration States:
Florida, New York, Oregon, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$150K
Cash Investment:
$45-50K
Total Investment:
$56.5-70K
Average Total Investment:
$61K
Fees:
Initial Franchise Fee:
$19.5K
Average Franchise Fee:
$19K
On-Going Royalty:
0
Average Royalty:
0%
Advertising Fee:
$250
Average Number of Employees:
2-4 Full-time
Space Needs (in square footage):
Preferred Sites:
Home-based
Other Sites:
Encourage Conversions?
Yes
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
No
Franchisee Association/Member:
No
Size of Corporate Staff:
21
Site Selection Assistance?
No
Lease Negotiation Assistance?
No
Financial Assistance?
Yes, Direct
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
Yes
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Emails, Trade Show Exhibits, Videos