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Checkmate Systems

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Checkmate Systems
661 St. Andrews Blvd.
Charleston, SC 29407
800#: (800) 964-6298
Tel: (843) 763-9393
Fax: (843) 571-1851
E-Mail: [email protected]
Web Site: www.checkmatepeo.com
Contact: Mr. Ed Arrington, VP Marketing


Employee leasing companies, also known as professional employers, are growing at over 33% per year. This new and largely untapped market has little competition and CHECKMATE is the only franchise in this new field which allows you to operate independently.




Franchisor Background


Established: 1992
First Franchise: 1993
Franchise Units: 19
Company-Owned Units:
Total Units: 19

Distribution:
U.S. -- 19; Canada -- 0; International -- 0
�North America -- Operations in 11 States
�States/Provinces with Greatest Density: 4 in LA, 2 in SC, 2 in AZ

Projected New Units Over Next 12 months:8
Franchisee Qualifications:3, 5, 1, 3, 4, 4
(Click here for an explanation)

Registered in Following Registration States: NR
Average Number of Employees: 3 FT, 1-2 PT (FT = Full Time, PT = Part Time)
Space Needs: N/A SF; HB, Rented Office (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $35-85K
Total Investment: $30-75K
Average Total Investment: $37.5K
Minimum Net Worth: $100K

Fees
�Franchise: $27.5K;
�Average Franchise Fee: $27.5K
�Royalty: 7.5%
�Average Royalty: 7.5%
�Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Financial Assistance: No
Cooperative Advertising: N/A
Franchisee Association / Member: No
Size Of Corporate Staff: 7
On-Going Support: G,h,I (Click here for an explanation)
Training: 1 Week New Orleans, LA.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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