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Computer Renaissance

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Computer Renaissance
500 S. Florida Ave., #400
Lakeland, FL 33801-4620
800#: (888) 266-7736
Tel: (863) 669-1155
Fax: (800) 665-6324
E-Mail: [email protected]
Web Site: www.compren.com
Contact: Ms. Linda Hennis, Director Franchise Development


COMPUTER RENAISSANCE, a full-service retail store specializing in quality used, refurbished and new computer hardware, software and related accessories. Our stores also provide custom-built computers, system upgrades, networking, consulting and superior technical service. With constant upgrades to computers in both the hardware and software fields, you can ensure your spot in a highly innovative industry by becoming part of a continuing market demand.




Franchisor Background


Established: 1988
First Franchise: 1993
Franchise Units: 90
Company-Owned Units: 0
Total Units: 90

Distribution:
U.S. -- 90; Canada -- 0; International -- 0
-North America -- Operations in 34 States, 6 Provinces
-States/Provinces with Greatest Density: 9 in FL, 8 in MN, 6 in IL

Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 4, 5, 2, 3, 4, 5
(Click here for an explanation)

Registered in Following Registration States: MI, OR, WI (Click here for an explanation)
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,600 SF; SF, SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $20-50K
Total Investment: $50-150K
Average Total Investment: $100.0K
Minimum Net Worth: $100K

Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: .5%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Discouraged
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: Yes(I)
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 15
On-Going Support: B,C,D,E,F,G,h,I (Click here for an explanation)
Training: 2 Weeks in Florida.


Franchisor's Specific Expansion Plans

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

Note: NR = No Response by Franchisor.
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