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| VTS Franchising 10 E. 5th St. Deer Park, NY, 11729 United States |
Submit an online form to receive information from VTS Franchising.
|
Business Description
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
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida, New York, Oregon, District Of Columbia
Financial Requirements
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
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
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 0 | 0% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 100% | |||||||||||||||||||||||||||||
Total Operating Units: | 1 | 100.0% | |||||||||||||||||||||||||||||
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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 |
Space Needs (in square footage):
Preferred Sites: Home-based
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: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| 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 | ||||||||
| Additional Services: | Newsletter, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. VTS Corporate- Deer Park, NY | 10 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from VTS Franchising.
|
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