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Industries
Automotive
Baked Goods
Beauty-Related
Building & Construction
Business-Related
Child-Related
Clothing & Accessories
Computer & Internet
Home Related
Education-Related
Fast Food Restaurants
Frozen Desserts
Health & Fitness
Lodging
Maintenance Services
Party-Related
Personnel Services
Pet Products/Services
Photography
Printing
Publications
Real Estate
Restaurants (Sit-Down)
Retail Food
Retail Stores
Security-Related
Services
Sports & Recreation
Travel
Video
Franchise Picks
Expense Reduction Consulting
 

ERC Franchisees employ a finely tuned methodology that has helped a wide range of companies minimize idirect costs since 1993. This methodology, along with proprietary web-based tools and Knowledge Base, assists ERC Franchisees in increasing their client's bottom lines by decreasing their often elusive indirect costs. Best of all, ERC Franchisees maximize their earning potential by providing their services on a "pay for performance basis," sharing in their clients long-term savings.

Franchisor Background

Year Established:

  1993

Franchising Since:

  2001

Operating Units:

Franchised Units:9 90%  
Company-Owned Units:1 10%  
 ______ _____  
Total Operating Units:10 100%  
 

Geographic Distribution:

U.S.:10 100% In 5 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:10 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Florida2
2. Texas2

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$NR
Cash Investment:$34-45K
Total Investment:$79-87
Average Total Investment:$83K
 

Fees:

Initial Franchise Fee:$29K
Average Franchise Fee:$0K
On-Going Royalty:7%
Average Royalty:0%
Advertising Fee:2%

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

  

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

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:1
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?No
 

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:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:At Additional Cost
Field Training:At Additional Cost
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 

Training:

1. Ft. Landerdale, FL5 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:7 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 15 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   NR
U.S.:Yes, All United States except the Dakotas and Maryland
Canada:No
Overseas:No
 
 
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