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CD Warehouse
900 N. Broadway
Oklahoma City, OK 73102
800#: (800) 641-9394
Tel: (405) 236-8742
Fax: (405) 949-2566
E-Mail:
Web Site: www.cdwarehouse.com
Contact: Mr. Matt Allen, Vice President
CD WAREHOUSE is a rapidly growing franchise, specializing in the sale of pre-owned CDs and DVDs. Our stores also buy and trade used CD's, sell top new CDs, and sell other music-related items. Our proprietary software makes it easy to buy and sell pre-owned CDs, even without prior music knowledge.
Franchisor Background
Established: 1992
First Franchise: 1992
Franchise Units: 216
Company-Owned Units: 64
Total Units: 280
Distribution:
U.S. -- 263;
Canada -- 7;
International -- 10
-North America -- Operations in 36 States, 3 Provinces
-States/Provinces with Greatest Density: 51 in TX, 21 in FL, 17 in CA
Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 3, 1, 2, 4, 4
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,NY,OR,RI,VA,WI (Click here for an explanation)
Average Number of Employees: 2-3 FT, 3-4 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,500-2,000 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $40-60K
Total Investment: $122-162K
Average Total Investment: $142.0K
Minimum Net Worth: $150K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 5%/4%
-Average Royalty: 4.5%
-Advertising: 1.75%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 25
On-Going Support: C,D,E,G,H,I (Click here for an explanation)
Training: 5-6 Days at Oklahoma City, OK Training Center.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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