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Fit By Five Pre-School
29520 Center Ridge Rd.
Westlake, OH 44145
800#:
Tel: (440) 835-8558
Fax: (440) 835-8838
E-Mail: [email protected]
Web Site: www.worldfranchising.com/website.htm
Contact: Ms. Michelle DeMarsh, Chief Executive Officer
Active approach to preschool education. Serving children 20 months to 5 years. Fun business to own especially for physically active people.
Franchisor Background
Established: 1969
First Franchise: 1976
Franchise Units: 3
Company-Owned Units: 1
Total Units: 4
Distribution:
U.S. -- 4;
Canada -- 0;
International -- 0
-North America -- Operations in 3 States
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 1
Franchisee Qualifications: 4, 2, 2, 2, 5, 5
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 3 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; FS
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $60K
Total Investment: $50-75K
Average Total Investment: $62.5K
Minimum Net Worth: $NR
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: $3.6K/Yr
-Advertising: NR
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/1
Passive Ownership: Discouraged
Area Development Agreements: NR
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 3
On-Going Support: b,D,E,G,h (Click here for an explanation)
Training: 2 Weeks at the Home-Office in Cleveland; 1 Week On-Site.
Franchisor's Specific Expansion Plans
U.S.: OH
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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