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A Shade Better
3615 Superior Ave., Bldg. # 42
Cleveland, OH 44114
800#: (800) 722-8676
Tel: (216) 391-5267
Fax: (216) 391-8118
E-Mail: [email protected]
Web Site: www.ashadebetter.com
Contact: Mr. James P. Prexta, President
Distinctive retail stores selling beautiful lamp shades, lamps and accessories. Franchisees will also have the opportunity to develop and service the wholesale market in their exclusive territory.
Franchisor Background
Established: 1988
First Franchise: 1993
Franchise Units: 10
Company-Owned Units: 7
Total Units: 17
Distribution:
U.S. -- 18;
Canada -- 0;
International -- 0
�North America -- Operations in 7 States
�States/Provinces with Greatest Density: 5 in OH, 3 in IL, 2 in TX
Projected New Units Over Next 12 months:12
Franchisee Qualifications:4, 4, 2, 2, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,WI
Average Number of Employees: 2 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,800 SF; SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $75-100K
Total Investment: $114-156K
Average Total Investment: $135.0K
Minimum Net Worth: $300K
Fees
�Franchise: $35K;
�Average Franchise Fee: $35.0K
�Royalty: 6%
�Average Royalty: 6.0%
�Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5/5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: B,C,D,E,h,I (Click here for an explanation)
Training: 6 Days Cleveland, OH or Phoenix, AZ; 6 Days On-Site.
Franchisor's Specific Expansion Plans
U.S.: Midwest , Southwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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