Accounting, tax, payroll and financial services franchise, offering services to small business clients. Reports they can understand and use, professional services at affordable prices.
Franchisor Background
Year Established: 1989
Franchising Since: 1990
Operating Units: |
Franchised Units: | 111 | | 99.1% | | |
Company-Owned Units: | 1 | | 0.9% | | |
| ______ | | _____ | | |
Total Operating Units: | 112 | | 100% | | |
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Geographic Distribution: |
U.S.: | 100 | | 47.2% | | In 37 States |
Canada: | 112 | | 52.8% | | In 0 Canadian Provinces |
International: | 0 | | 0% | | In 0 Foreign Countries |
| ______ | | _____ | | |
Total: | 212 | | 100% | | |
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North America: |
States/Provinces with the largest number of operating units: |
Density | Units | | | | |
1. California | 0 | 2. Florida | 0 | 3. North Carolina | 0 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
Investment: |
Minimum Net Worth: | $ |
Cash Investment: | $24.4-37.4K |
Total Investment: | $40-424K |
Average Total Investment: | $232K |
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Fees: |
Initial Franchise Fee: | $24K |
Average Franchise Fee: | $24K |
On-Going Royalty: | 6% |
Average Royalty: | 6% |
Advertising Fee: | 2% |
Average Number of Employees: 1 Full-time, 0 Part-time
Space Needs (in square footage): 400
Preferred Sites:
Other Sites: OB
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: | No |
Canadian Franchise Association: | No |
Franchisee Association/Member: | No |
Size of Corporate Staff: | 7 |
Site Selection Assistance? | Not Applicable |
Lease Negotiation Assistance? | No |
Financial Assistance? | No |
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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 |
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On-Going Support: |
Central Data Processing: | Not Applicable |
Central Purchasing: | Not Applicable |
Field Operation Evaluation: | At Additional Cost |
Field Training: | Included in Fees |
Initial Store Opening: | Not Applicable |
Inventory Control: | Not Applicable |
Franchisee Newsletter: | Included in Fees |
Regional or National Meetings: | Included in Fees |
800 Telephone Hotline: | Not Applicable |
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Training: |
1. Tallahassee, FL | 5 Days |
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Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): |
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Financial Net Worth: | 3 |
General Business Experience: | 5 |
Specific Industry Experience: | 5 |
Formal Education: | 3 |
Psychological Profile: | 2 |
Personal Interview(s): | 4 |
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Minority Representation
Units Owned by Minorities: |
African-American: | 3 |
Asian-American: | 4 |
Hispanic: | 2 |
Native American: | 0 |
Other: | 3 |
Specific Minority: | Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. |
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Terms of Contract
Term of Initial Contract: | 10 Year(s) |
Term of Renewal Period: | 10 Year(s) |
Passive Ownership: | Allowed |
Area Development Agreements? | No |
Sub-Franchising Contracts? | No |
Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 10
U.S.: | Yes, All United States |
Canada: | Yes, All Canada |
Overseas: | No |
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