Business Description

Retail sales of pre-recorded music, including compact discs, cassettes, videos and DVD, as well as related accessories and other paraphernalia. Franchisor provides full turn-key operation, inventory controls and full operational guidance.

Franchisor Background

Year Established:  1974

Franchising Since:  1985

Operating Units:
Franchised Units:	14	82.4%
Company-Owned Units:	3	17.6%
Total Operating Units:	17	100.0%
Geographic Distribution: U.S.: 0 0% In 0 States Canada: 17 100% In 7 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 17 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Saskatchewan	5
2. British Columbia	3
3. Alberta	7

Registered in Following Registration States: Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$40-80K
Total Investment:	$125-200K
Average Total Investment:	$162K
Fees:
Initial Franchise Fee:	$15K
Average Franchise Fee:	$15K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	1%

Average Number of Employees: 2 Full-time, 4 Part-time

Space Needs (in square footage): 1,400

Preferred Sites: Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	2
General Business Experience:	2
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	5
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
1. Headquarters	1 Week
2. Store	1 Week
3. On-Site	2 Days
Expansion Plans
Projected New Units Over Next 12 months: 3 U.S.: No Canada: Yes, Western Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from TFM.