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Lease Coach, The
 

Take your real estate career to a new level, coaching and consulting commercial tenants. The Lease Coach® is a network of Certified Commercial Lease Consultants who work exclusively for tenants across the United States and Canada. The Lease Coach® wrote the book on leasing for tenants, “Negotiate Your Commercial Lease”. The Lease Coach® provides one-on-one coaching and consulting, lease negotiating, site selection, and document reviews for both new leases and renewals.

Franchisor Background

Year Established:

  1993

Franchising Since:

  2006

Operating Units:

Franchised Units:2 28.6%  
Company-Owned Units:5 71.4%  
 ______ _____  
Total Operating Units:7 100%  
 

Geographic Distribution:

U.S.:4 57.1% In 2 States
Canada:3 42.9% In 2 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:7 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Alberta2
2. California1
3. Illinois1

Registered in Following Registration States:

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

Financial Requirements

Investment:

Minimum Net Worth:$NA
Cash Investment:$24K
Total Investment:$25-35K
Average Total Investment:$30K
 

Fees:

Initial Franchise Fee:$24K
Average Franchise Fee:$24K
On-Going Royalty:$1-2K
Average Royalty:0%
Advertising Fee:0

Average Number of Employees:

   0-1 Full-time, 0-1 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:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:No
Size of Corporate Staff:3
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:No
Marketing Materials:Brochures
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

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

Training:

1. Head Office1 week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:4
Specific Industry Experience:4
Formal Education:3
Psychological Profile:3
Personal Interview(s):5

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:5-10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not 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:

   7
U.S.:Yes, All of U.S.
Canada:Yes, British Columbia, Saskatchewan, Manitoba, Quebec,
Overseas:No
 
 
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