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Tropik Sun Fruit & Nut
14052 Petronella Dr., # 102
Libertyville, IL 60048
800#:
Tel: (847) 968-4415
Fax: (847) 968-5535
E-Mail: [email protected]
Web Site: www.tropiksun.com
Contact: Ms. Barbara J. Wellard, President
TROPIK SUN FRUIT & NUT is a national franchised chain of over 80 retail stores located in regional malls, featuring candies, nuts, chocolates, fresh popcorn, snacks, drinks, plush toys, balloons and gifts.
Franchisor Background
Established: 1980
First Franchise: 1980
Franchise Units: 80
Company-Owned Units: 2
Total Units: 82
Distribution:
U.S. -- 82;
Canada -- 0;
International -- 0
-North America -- Operations in 27 States
-States/Provinces with Greatest Density: 12 in TX, 5 in CT, 5 IN CA
Projected New Units Over Next 12 months: 20
Franchisee Qualifications: 4, 2, 1, 2, 2, 4
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 0 FT, 3-6 PT (FT = Full Time, PT = Part Time)
Space Needs: 160-1,000 SF; RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $30-50K
Total Investment: $100-190K
Average Total Investment: $145.0K
Minimum Net Worth: $125K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5-10/5-10
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 9
On-Going Support: C,D,E,G,H (Click here for an explanation)
Training: 5 Days Franchisee's 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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