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Franchise Picks
FranchiseMart
 

Now the company that helps match people with the right business opportunity could be the right business opportunity for you! When you invest in FranchiseMart, you are investing in one of the hottest ideas in franchising, but also one that was created by a team of experts with over 30 years of franchising experience. FranchiseMart was founded on the premise that there is a business opportunity out there for everyone. And now, the most innovative concept in franchising could be the business for you!

Franchisor Background

Year Established:

  2006

Franchising Since:

  2007

Operating Units:

Franchised Units:21 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:21 100%  
 

Geographic Distribution:

U.S.:19 90.5% In 4 States
Canada:0 0% In 0 Canadian Provinces
International:2 9.5% In 2 Foreign Countries
 ______ _____  
Total:21 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$50
Cash Investment:$35
Total Investment:$110-115
Average Total Investment:$112K
 

Fees:

Initial Franchise Fee:$29.5
Average Franchise Fee:$29K
On-Going Royalty:7
Average Royalty:7%
Advertising Fee:2

Average Number of Employees:

   2 Full-time, 0 Part-time

Space Needs (in square footage):

   1,200

Preferred Sites:

   Strip Center

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Not a Member
Size of Corporate Staff:150
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Catalogs, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

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

Training:

1. WPB HQ1 week
2. Franchisee location1 week
 

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:35 Year(s)
Term of Renewal Period:0 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   50
U.S.:Yes, All United States
Canada:No
Overseas:Yes, All Countries
 
 
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