1950 Dallas Pkwy., # 400
Dallas, TX 75248-6628
800#:
Tel:
Fax:
E-Mail: [email protected]
Web Site: www.hqnet.com
Contact: Ms. Lesley A. Rice, Dir. Franchising Development
HQ BUSINESS CENTERS provide business services, telecommunications and technology support in a shared office environment. As a franchisee, you will benefit from our broad name recognition in the industry, new product development and support, training, marketing and advertising services, corporate sales placement program and networking events.
Franchisor Background
| Established: |
1972; |
First Franchise: |
1977 |
| Franchise Units: |
178 |
| Company-Owned Units: |
0 |
| Total Units: |
178 |
Distribution:
U.S. -- 132;
Canada -- 4;
International -- 42
> North America -- Operations in NR
> States/Provinces with Greatest Density: NR
|
| Projected New Units Over Next 12 months: NR |
| Franchisee Qualifications: 5, 5, 4, 4, 3, 4
(for an explanation
click here) |
| Registered in Following Registration States: CA,FL,MI,MN,NY,RI,VA |
| Average Number of Employees: 8 FT (FT = Full Time, PT = Part Time) |
| Space Needs: 15,000 SF; Floor of Office Building
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$350K-1.5MM |
|
| Total Investment: |
$500K-2MM; |
|
Average Total Investment: |
$1250K |
|
| Minimum Net Worth: |
$1MM |
|
| Fees: |
Franchise: |
$30-100K; |
Average Franchise Fee: |
$65K |
|
Royalty: |
2-2.4% |
|
Advertising: |
0% |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
Perpetual |
| Passive Ownership: |
Not Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
Yes/Varies |
| Sub-Franchising Contracts: |
Yes |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
No (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
No |
| Lease Negotiation Assistance: |
No |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Yes/Yes |
| Size Of Corporate Staff: |
30 |
| On-Going Support: |
B,D,G,h,I
(for an explanation click
here) |
| Training: |
2 Weeks at Various Locations. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
All Countries |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.