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Book Rack, The
2715 E. Commercial Blvd.
Ft. Lauderdale, FL 33308
800#:
Tel: (954) 984-1918
Fax:
E-Mail:
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Fred M. Darnell, President
New and used paperback books.
Franchisor Background
Established: 1963
First Franchise: 1966
Franchise Units: 283
Company-Owned Units: 1
Total Units: 284
Distribution:
U.S. -- 283;
Canada -- 1;
International -- 0
-North America -- Operations in NR
-States/Provinces with Greatest Density: TX, FL, TN
Projected New Units Over Next 12 months: 19
Franchisee Qualifications: 3, 3, 5, 3, 1, 2
(Click here for an explanation)
Registered in Following Registration States: All States Except ND,SD
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200-6,000 SF; SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $16-34K
Total Investment: $18K+
Average Total Investment: $18.0K
Minimum Net Worth: $16K
Fees:
-Franchise: $6K
-Average Franchise Fee: $6.0K
-Royalty: $75/Mo.
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): Lifetime
Passive Ownership: Allowed
Area Development Agreements: No
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
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 8
On-Going Support: C,D,E,F,G,H (Click here for an explanation)
Training: 7-10 Days Ft. Lauderdale, FL.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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