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Tradebank International 1000 Laval Blvd.
Lawrenceville, GA 30043
800#: (888) 568-5680 Tel: (678) 533-7100 Fax: (678) 533-7113
E-Mail: [email protected]
Web Site: www.tradebank.com
Contact: Mr. John P. Davis, Jr., Chief Executive Officer
Since 1987, TRADEBANK had been a pioneer in the trade and barter industry. TRADEBANK is a 3rd party record keeper that facilitates trade transactions between business and professionals. Every type of business can benefit from our state-of-the-art trade exchange with the ability to purchase goods and services at a 30-60% discount. TRADEBANK franchise owners are responsible for client acquisition, as well as brokering deals throughout their protected regional territories. Unlimited possibilities.
Franchisor Background
Established: 1987
First Franchise: 1995
Franchise Units: 63
Company-Owned Units: 2
Total Units: 65
Distribution:
U.S. -- 32;
Canada -- 10;
International -- 23
-North America -- Operations in 11 States, 3 Provinces
-States/Provinces with Greatest Density: 7 in GA, 6 in TN, 6 in AL
Projected New Units Over Next 12 months: 12
Franchisee Qualifications: 4, 3, 5, 3, 2, 1
(Click here for an explanation)
Registered in Following Registration States: FL and AB (Click here for an explanation)
Average Number of Employees: 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 400 SF; NA
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $10K
Total Investment: $10-50K
Average Total Investment: $30.0K
Minimum Net Worth: $25K
Fees:
-Franchise: $35-50K
-Average Franchise Fee: $42.5K
-Royalty: 30-40%
-Average Royalty: 35.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(D)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 14
On-Going Support: A,B,C,D,E,g,h,I (Click here for an explanation)
Training: 1 Week Atlanta, GA; 1 Week Opening; 1 Week Broker Training at Various Locations.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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