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Money Concepts (Canada)
180 Attwell Dr., # 501
Toronto, ON M9W 6A9 CANADA
800#: (800) 661-7296
Tel: (416) 674-0450
Fax: (416) 674-4785
E-Mail: [email protected]
Web Site: www.moneyconcepts.ca
Contact: Mr. Rob Sylvester, President
MONEY CONCEPTS offers financial planning control. We are the fastest-growing independent franchise in financial services in Canada, specializing in complete financial planning and searching the market for financial products to implement our plan.
Franchisor Background
Established: 1984
First Franchise: 1985
Franchise Units: 94
Company-Owned Units: 0
Total Units: 94
Distribution:
U.S. -- 0;
Canada -- 94;
International -- 0
-North America -- Operations in 8 Provinces
-States/Provinces with Greatest Density: 53 in ON, 21 in BC, 5 in NB
Projected New Units Over Next 12 months: 25
Franchisee Qualifications: 3, 4, 1, 2, 4, 5
(Click here for an explanation)
Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: 4 FT (FT = Full Time, PT = Part Time)
Space Needs: 750-1,000 SF; NA
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $50K
Total Investment: $80K
Average Total Investment: $80.0K
Minimum Net Worth: $200K+
Fees:
-Franchise: $49.5K
-Average Franchise Fee: $49.5K
-Royalty: Varies
-Advertising: 2%/$5K Max.
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/1
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 25
On-Going Support: A,b,C,D,G,H,I (Click here for an explanation)
Training: 2 Weeks Head Office.
Franchisor's Specific Expansion Plans
U.S.: No
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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