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  Home  >>  Computer & Internet  >>  Internet Related




Netspace
2801 NE 208 Ter., Fl. 2
Miami, FL 33180


Submit an online form to receive information from Netspace.
Business Description

Netspace consults with companies in assisting them in building their business by using technology available through the Internet. All of our products increase sale, lower costs and improve customer communications. These products deliver on-going recurringincome to the franchisee. A marketing director and sales coach are part of your success team assisting you in building the business of your dreams. Initial and quarterly training keep you current with the most recent technology.

Franchisor Background

Year Established:  1996

Franchising Since:  2000

Operating Units:

Franchised Units:

96

100%
Company-Owned Units:00%
 
Total Operating Units:
96
100.0%
 
Geographic Distribution:
U.S.:6466.7%In 50 States
Canada:00%In 0 Canadian Provinces
International:3233.3%In 0 Foreign Countries
 
Total:
96
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. New Jersey3
2. New York3

Registered in 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

Financial Requirements

Investment:
Minimum Net Worth: $150K
Cash Investment:$60-80K
Total Investment:$60-80K
Average Total Investment:$65K
 
Fees:
Initial Franchise Fee:$39.5K
Average Franchise Fee:$40K
On-Going Royalty:10%
Average Royalty:10%
Advertising Fee:1%
 
Average Number of Employees: 3 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites: Office

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:3
Formal Education:4
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not 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:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 30
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
Financial Assistance?No
 
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:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:At Additional Cost
Inventory Control:At Additional Cost
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Miami, FL1 Week
 
Expansion Plans
 
Projected New Units Over Next 12 months: 20

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, Europe and UK
Submit an online form to receive information from Netspace.