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Cartex Limited

CARTEX LIMITED, better known as Fabrion, is a mobile service business, specializing in automotive interior repair. The Fabrion repair process electrostatically repairs auto cloth, velour and carpet. Due to our specialization, we have revolutionized auto upholstery repair. Updating on current (OEM) original equipment materials and providing the tools to match all current patterns being used in auto interiors are our strong points.

Franchisor Background

Year Established:

1980

Franchising Since:

1988

Operating Units:
Franchised Units:	78	100%
Company-Owned Units:	1	1.3%
	______	_____
Total Operating Units:	78	100%

Geographic Distribution:
U.S.:	78	98.7%	In 30 States
Canada:	1	1.3%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	79	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. California	13
2. Florida	10
3. Texas	8

Registered in Following Registration States:

California, Florida, Hawaii, Illinois, Maryland, Michigan, Minnesota, New York, Oregon, Virginia, Washington, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$23.5-36.5K
Total Investment:	$39.9-90.6K
Average Total Investment:	$65K

Fees:
Initial Franchise Fee:	$23.5-36.5K
Average Franchise Fee:	$30K
On-Going Royalty:	7%,min month fee
Average Royalty:	7%
Advertising Fee:	NA

Average Number of Employees:

3 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	8
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Direct

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:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
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:	Included in Fees

Training:
1. On-Site Under Development.	3 Weeks

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:	1
Asian-American:	N/A
Hispanic:	2
Native American:	1
Other:	N/A
Specific Minority:	Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

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

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	Yes, All Canada
Overseas:	Yes, All Countries

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: