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Sox Appeal
3601 Minnesota Dr., # 800
Edina, MN 55435-5250
800#:
Tel: (952) 943-1011
Fax: (952) 934-9050
E-Mail:
Web Site: www.soxappeal.com
Contact: Ms. Sue Schneck, Franchise Development
National chain of sock and hosiery specialty stores. Stores offer a wide selection of socks and hosiery for men, women and children. Brand-name and designer merchandise.
Franchisor Background
Established: 1984
First Franchise: 1986
Franchise Units: 7
Company-Owned Units: 0
Total Units: 7
Distribution:
U.S. -- 7;
Canada -- 0;
International -- 0
-North America -- Operations in 5 States
-States/Provinces with Greatest Density: 3 in MN, 3 in PA, 1 in DE
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 5, 5, 3, 4, 4, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 2 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 500-700 SF; Airport
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $50-120K
Total Investment: $80-150K
Average Total Investment: $115.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10
Passive Ownership: Allowed
Area Development Agreements: NR
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 2
On-Going Support: C,D,E,F,G,I (Click here for an explanation)
Training: 3-5 Days Corporate Office; 1-2 Days Retail Store.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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