Talking Book World
Talking Book World
22272 Pepper Rd., Unit A
Lake Barrington, IL 60010
800#: (800) 283-4694
Tel: (847) 381-9900
Fax: (847) 381-2447
E-Mail: [email protected]
Web Site: www.talkingbooks.com
Contact: Mr. Geoff Hannell, Franchise Sales
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.
Franchisor Background
Established: 1993
First Franchise: 1995
Franchise Units: 6
Company-Owned Units: 13
Total Units: 19
Distribution:
U.S. -- 15;
Canada -- 4;
International -- 0
-North America -- Operations in 3 States, 1 Province
-States/Provinces with Greatest Density: 7 in CA, 7 in MI, 4 in ON
Projected New Units Over Next 12 months: 2
Franchisee Qualifications: 3, 3, 3, 4, 5, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,NY,VA (Click here for an explanation)
Average Number of Employees: 1 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,800 SF; SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $150-225K
Total Investment: $150-225K
Average Total Investment: $187.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/3
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: C,D,E,F,G,H,I (Click here for an explanation)
Training: 2 Weeks Franchisee's Store..
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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