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AdviCoach
- Division of Business Advisers International
Southbury, CT 6488
- (800) 289-0086 x 2162 / (203) 405-2164
- (203) 264-3516 (Fax)
- Ms. Tamara Loring, VP of Business Development
- [email protected]
With over 25 years of experience, our unique AdviCoach business model is designed to empower business owners to increase the productivity and value of their businesses. We keep our clients focused on driving results though our coaching methodology, not by selling mass market solutions. AdviCoach franchisees help business owner's increase the value of their businesses by indentifying business weaknesses, educating them on business solutions, and holding them accountable to implement appropriate "Rapid Impact Strategies" through weekly coaching sessions..
Franchisor Background
Year Established: 2002
Franchising Since: 2003
Operating Units
| Franchised Units | 51 | 100.0% |
|---|---|---|
| Company-Owned Units | 0 | 0.0% |
| Total Operating Units | 51 | 100% |
Geographic Distribution
| USA | 51 | 100.0% | In 24 States |
|---|---|---|---|
| Canada | 0 | 0.0% | In 0 Provinces |
| International | 0 | 0.0% | In 0 Foreign Countries |
| Total | 51 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| North Carolina | 6 |
| Virginia | 5 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | No |
| Size of Corporate Staff | 35 |
| Site Selection Assistance |
N/A |
| Lease Negotiation Assistance | N/A |
| Financial Assistance | No |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | Yes |
| Regional Advertising | No |
| Local Advertising | No |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | Yes, at additional cost |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | N/A |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Yes, at additional cost |
| 800 Telephone Hotline | Included |
Training
| Virtual | 24 Weeks |
| Southbury, CT | 5 Days |
Financial Requirements
Investment
| Minimum Net Worth | $199K |
|---|---|
| Cash Investment | $67K |
| Total Investment | $73-83K |
| Average Total Investment | $78K |
Fees
| Initial Franchise Fee | $45K |
|---|---|
| Average Franchise Fee | $45K |
| On-Going Royalty | 5-15% |
| Average Royalty | 0% |
| Advertising Fee | $400/mo |
Site Information and Requirements
| Average Number of Full-Time Employees | 1 |
|---|---|
| Average Number of Part-Time Employees | 0 |
| Space Needs (in square feet) | None |
| Preferred Site Types | N/A |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 4 |
|---|---|
| General Business Experience | 4 |
| Specific Industry Experience | 1 |
| Formal Education | 3 |
| Psychological Profile | 4 |
| Personal Interviews | 4 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed, but discouraged |
| Area Development Agreements? |
Yes, for 8 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 39 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | Yes, All Countries |
