Jackpot Convenience Stores
Jackpot Convenience Stores P.O. Box 24447
Seattle, WA 98124
800#: (800) 772-5765 Tel: (206) 286-6436 Fax: (206) 283-8036
E-Mail:
Web Site: www.timeoil.com
Contact: Mr. Steven C. Gray, Franchise Manager
JACKPOT offers a franchise that includes a system of retail grocery services. JACKPOT licenses to franchisees its business system, know-how and its licensed trade name and service marks. JACKPOT provides training, continuing support, administration and marketing and promotion services.
Franchisor Background
Established: 1981
First Franchise: 1990
Franchise Units: 109
Company-Owned Units: 10
Total Units: 119
Distribution:
U.S. -- 114;
Canada -- 0;
International -- 0
�North America -- Operations in NR
�States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 5, 4, 5, 1, 3, 4
(Click here for an explanation)
Registered in Following Registration States: CA,OR,WA
Average Number of Employees: No Recommendation (FT = Full Time, PT = Part Time)
Space Needs: NR SF; N/A
(Click here for abbreviations)
Encourage Conversion: N/A
Financial Requirements
Cash Investment: $40-75K
Total Investment: $75-250K
Average Total Investment: $162.5K
Minimum Net Worth: $60K
Fees:
�Franchise: $5K
�Average Franchise Fee: $5.0K
�Royalty: 0.5%
�Average Royalty: .5%
�Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 3/3
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Financial Assistance: No
Cooperative Advertising: N/A
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: NR
On-Going Support: A,C,D,E,F,G,h,I (Click here for an explanation)
Training: 4 Weeks Seattle, WA.
Franchisor's Specific Expansion Plans
U.S.: WA, OR, CA, NV, ID
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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