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Jackpot Convenience Stores

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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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