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Yipes Stripes

Yipes Stripes
520 Court St., P.O. Box 775
Dover, DE 19903-0775
800#: (800) 947-3755
Tel: (302) 736-1735
Fax: (302) 736-2693
E-Mail:
Web Site: www.yipesstripes.com
Contact: Ms. Diane M. Scinto, President


YIPES STRIPES offers custom striping, graphics and lettering. Exclusive Insta-dry paint formula, on-site servicing of new and used automobile dealerships, total products/inventory package, comprehensive training program and protected territories.


Franchisor Background

Established: 1972
First Franchise: 1988
Franchise Units: 25
Company-Owned Units: 1
Total Units:26

Distribution:
U.S. -- 26; Canada -- 0; International -- 0
> North America -- Operations in 16 States
> States/Provinces with Greatest Density: 7 in OH, 3 in MO, 3 in PA

Projected New Units Over Next 12 months:12
Franchisee Qualifications:3, 4, 2, 2, 2, 4
(for an explanation click here)

Registered in Following Registration States: NR
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs:NR SF; HB (for abbreviations click here)

Financial Requirements

Cash Investment: $40K
Total Investment: $40-75K
Average Total Investment: $57K
Minimum Net Worth: $N/A

Fees
>Franchise: $32K;
>Average Franchise Fee: $32K
>Royalty: 5%/$500
>Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements:Yes/10
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: N/A
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 2
On-Going Support: B,c,d,e,G,H,I (for an explanation click here)
Training: 2 Weeks Dover, DE.


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.

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