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Profit-On-Hold
3401 Ridgelake Dr., # 108
Metairie, LA 70002
800#: (800) 569-4653
Tel: (504) 832-8000
Fax: (504) 828-2141
E-Mail:
Web Site: www.profitonhold.com
Contact: Mr. Otto Mehrgut, President/CEO
PROFIT-ON-HOLD provides advertising information while customers remain on-hold. Through a small digital computer, we are able to reproduce infomercials about company products, offers, specials, hours, etc. A complete turn-key package is available, and you can work out of your own home!
Franchisor Background
Established: 1991
First Franchise: 1992
Franchise Units: 1
Company-Owned Units: 4
Total Units: 5
Distribution:
U.S. -- 5;
Canada -- 0;
International -- 0
�North America -- Operations in 1 State
�States/Provinces with Greatest Density: 5 in LA
Projected New Units Over Next 12 months:3
Franchisee Qualifications:2, 5, 4, 2, 2, 4
(Click here for an explanation)
Registered in Following Registration States: NR
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 500 SF; HB
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $20K
Total Investment: $45K
Average Total Investment: $45.0K
Minimum Net Worth: $100K
Fees
�Franchise: $10K;
�Average Franchise Fee: $10.0K
�Royalty: 3%
�Average Royalty: 3.0%
�Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: N/A
Financial Assistance: No
Cooperative Advertising: N/A
Franchisee Association / Member: No
Size Of Corporate Staff: 4
On-Going Support: a,B,C,D,e,F,G,h,I (Click here for an explanation)
Training: 2 Weeks Home Office.
Franchisor's Specific Expansion Plans
U.S.: TX Only
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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