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Portrait Avenue ®

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Portrait Avenue ®
4444 Lake Center Dr.
Dayton, OH 45426-3868
800#: (800) 733-6686
Tel: (937) 854-6686
Fax: (937) 854-0140
E-Mail: [email protected]
Web Site: www.portraitavenue.com
Contact: Mr. Joseph M. O'Hara, Vice President


PORTRAIT AVENUE is a retail franchise in the high-touch, exciting and growing world of portrait photography. Using state-of-the-art digital technology, PORTRAIT AVENUE is uniquely positioned to capture the unclaimed opportunity that competitors leave behind. A quarter century of portrait studio and franchising experience supports the foundation of the Portrait Avenue Franchise System.




Franchisor Background


Established: 1981
First Franchise: 2003
Franchise Units: 0
Company-Owned Units: 2
Total Units: 2

Distribution:
U.S. -- 2; Canada -- 0; International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 2 in OH

Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 3, 3, 1, 2, 4, 4
(Click here for an explanation)

Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 2 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; RM (Click here for abbreviations)
Encourage Conversion: NA


Financial Requirements

Cash Investment: $50-60K
Total Investment: $148-182K
Average Total Investment: $165.0K
Minimum Net Worth: $150K

Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 7%
-Average Royalty: 7.0%
-Advertising: 7%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 9
On-Going Support: A,b,C,D,E,G,h,I (Click here for an explanation)
Training: 6 Days Dayton, OH (excludes food/lodging).


Franchisor's Specific Expansion Plans

U.S.: Midwest
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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