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Convenient Food Mart
467 North State St.
Painesville, OH 44077
800#: (800) 860-4844
Tel: (440) 639-6515
Fax: (440) 639-6526
E-Mail:
Web Site: www.convenientfoodmart.com
Contact: Ms. Barb Mahoney, Operations Manager
CONVENIENT FOOD MART offers an expanded approval to convenience with a fresh approach. Our system provides the opportunity to build equity as part of a strong franchise system. Stores average 3,000 square feet, carrying extended produce, deli and hot and cold prepared items.
Franchisor Background
Established: 1958
First Franchise: 1959
Franchise Units: 256
Company-Owned Units: 50
Total Units: 306
Distribution:
U.S. -- 306;
Canada -- 0;
International -- 0
-North America -- Operations in 9 States
-States/Provinces with Greatest Density: 121 in OH, 47 in NY, 40 IL
Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 4, 3, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: Pending in IL,IN,NY
Average Number of Employees: 6 FT, 4 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $30-180K
Total Investment: $197-298K
Average Total Investment: $247.5K
Minimum Net Worth: $150K
Fees:
-Franchise: $18K
-Average Franchise Fee: $18.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: Included
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/20
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 50
On-Going Support: A,C,D,E,H,I (Click here for an explanation)
Training: 2 Weeks at Training Center; 1 Week at Actual Store.
Franchisor's Specific Expansion Plans
U.S.: OH, NY
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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