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Apartment Selector

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Apartment Selector
P.O. Box 8355
Dallas, TX 75205-0060
800#: (800) 324-3733
Tel: (214) 361-4420
Fax: (214) 361-8677
E-Mail: [email protected]
Web Site: www.aptselector.com
Contact: Mr. Kendall A. Laughlin, President


APARTMENT SELECTOR is the nation's oldest and largest FREE apartment and home rental service. Our fee is paid by apartment owners. Extensive training systems for agents and management. Referral network called Official Relocation Network.




Franchisor Background


Established: 1959
First Franchise: 1983
Franchise Units: 24
Company-Owned Units:
Total Units: 24

Distribution:
U.S. -- 21; Canada -- 0; International -- 0
�North America -- Operations in 6 States
�States/Provinces with Greatest Density: 8 in TX

Projected New Units Over Next 12 months:2
Franchisee Qualifications:3, 3, 4, 3, 1, 1
(Click here for an explanation)

Registered in Following Registration States: All States
Average Number of Employees: 3 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 250 SF; SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $3K+
Total Investment: $NR
Average Total Investment: $-1.0K
Minimum Net Worth: $N/A

Fees
�Franchise: $2.5-10K;
�Average Franchise Fee: $6.3K
�Royalty: 5%
�Average Royalty: 5.0%
�Advertising: 1%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 3/3
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
Franchisee Association / Member: No
Size Of Corporate Staff: 3
On-Going Support: c,d,E,g,h,I (Click here for an explanation)
Training: 1 Week Dallas, TX.


Franchisor's Specific Expansion Plans

U.S.: Southeast, West
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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