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Harvey Washbangers

Harvey Washbangers
106 29th Ave. N., P.O. Box 50582
Nashville, TN 37205
800#:
Tel: (615) 985-0029
Fax: (615) 985-0029
E-Mail: [email protected]
Web Site: www.harveywashbangers.com
Contact: Mr. David Harvey, President


HARVEY WASHBANGERS franchises combine laundry, restaurant and bar facilities all under one roof. It's without a doubt the most fun one can have doing the dirty laundry.


Franchisor Background

Established: 1986
First Franchise: 1996
Franchise Units: 5
Company-Owned Units: 1
Total Units:6

Distribution:
U.S. -- 5; Canada -- 0; International -- 0
> North America -- Operations in 3 States
> States/Provinces with Greatest Density: 2 in TN, 1 in CA, 1 in TX

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

Registered in Following Registration States: CA,FL
Average Number of Employees: 4 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs:4,500 SF; FS, SC (for abbreviations click here)

Financial Requirements

Cash Investment: $75K
Total Investment: $250-425K
Average Total Investment: $337K
Minimum Net Worth: $250K

Fees
>Franchise: $20K;
>Average Franchise Fee: $20K
>Royalty: 5%
>Advertising: 0%

Provide Earning Claim Statement: No


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
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 2
On-Going Support: C,D,E,F,G,h,i (for an explanation click here)
Training: 2 Weeks Home Office; 1 Week Your Store.


Franchisor's Specific Expansion Plans

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

Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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