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Computer Renaissance
 

COMPUTER RENAISSANCE, a full-service retail store specializing in quality used, refurbished and new computer hardware, software and related accessories. Our stores also provide custom-built computers, system upgrades, networking, consulting and superior technical service. With constant upgrades to computers in both the hardware and software fields, you can ensure your spot in a highly innovative industry by becoming part of a continuing market demand.

Franchisor Background

Year Established:

  1988

Franchising Since:

  1993

IFA Member



Operating Units:

Franchised Units:78 98.7%  
Company-Owned Units:1 1.3%  
 ______ _____  
Total Operating Units:79 100%  
 

Geographic Distribution:

U.S.:79 100% In 34 States
Canada:0 0% 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:
DensityUnits    
1. Florida11
2. Minnesota8
3. Indiana7

Registered in Following Registration States:

   Michigan, Oregon, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$40K-60K
Total Investment:$193K-284K
Average Total Investment:$230K
 

Fees:

Initial Franchise Fee:$27.5K
Average Franchise Fee:$27K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:.5%

Average Number of Employees:

   3 Full-time, 2 Part-time

Space Needs (in square footage):

   1,600

Preferred Sites:

   Storefront, Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:15
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
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:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Florida2 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:2
Formal Education:3
Psychological Profile:4
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: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:10 Year(s)
Term of Renewal Period:10 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:

   15
U.S.:Yes, All United States
Canada:No
Overseas:No
 
 
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