312 12th St., NW
Canton, OH 44703
800#: (800) 949-7447
Tel: (330) 453-5406
Fax: (330) 453-5420
E-Mail:
Web Site: www.propertyinvestmentgroupo.com
Contact: Mr. Steve Vandegrift, Franchise Director
Urban redevelopment program. Specializing in the purchase, renovation and sales of distressed properties. Full corporate office training and support. Limited partnership template and supporting documents also provided -- designed to raise capital for home purchases and renovations. Since 1992, more than 350 homes have been purchased, renovated, and sold in the Canton, OH market, earning the praise of community leaders.
Franchisor Background
| Established: |
1992; |
First Franchise: |
1998 |
| Franchise Units: |
0 |
| Company-Owned Units: |
1 |
| Total Units: |
1 |
Distribution:
U.S. -- 1;
Canada -- 0;
International -- 0
> North America -- Operations in 1 State
> States/Provinces with Greatest Density: 1 in OH
|
| Projected New Units Over Next 12 months: 12 |
| Franchisee Qualifications: 4, 4, 3, 2, 3, 5
(for an explanation
click here) |
| Registered in Following Registration States: NR |
| Average Number of Employees: 1-2 FT (FT = Full Time, PT = Part Time) |
| Space Needs: N/A SF; NR
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$65-215K |
|
| Total Investment: |
$100-250K; |
|
Average Total Investment: |
$175K |
|
| Minimum Net Worth: |
$250K |
|
| Fees: |
Franchise: |
$35K; |
Average Franchise Fee: |
$35K |
|
Royalty: |
$1.3K/Sale |
|
Advertising: |
1.5% |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
5/5 |
| Passive Ownership: |
Discouraged |
| Encourage Conversions: |
N/A |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
No |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
No |
| Lease Negotiation Assistance: |
Yes |
| Cooperative Advertising: |
N/A |
| Franchisee Assoc. / Member: |
No |
| Size Of Corporate Staff: |
7 |
| On-Going Support: |
C,D,G,h,I
(for an explanation click
here) |
| Training: |
5 Days at Corporate Office; 5 Days at Franchise Territory. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
No |
| Overseas: |
No |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.