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Fast Eddie's

FAST EDDIE'S is a hamburger-based, fast-food, double-drive-thru restaurant with no inside seating. We have 100% pure-beef, quality hamburgers with shakes and fries to go. Try our crazy fries!

Franchisor Background

Year Established:

1989

Franchising Since:

2000

CFA Member

Operating Units:
Franchised Units:	3	30%
Company-Owned Units:	7	70%
	______	_____
Total Operating Units:	10	100%

Geographic Distribution:
U.S.:	0	0%	In 0 States
Canada:	10	100%	In 1 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	10	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Ontario	10

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$200-300K
Cash Investment:	$60-100K
Total Investment:	$200-400K
Average Total Investment:	$300K

Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	2%

Average Number of Employees:

3 Full-time, 15 Part-time

Space Needs (in square footage):

900

Preferred Sites:

Free-standing Building

Other Sites:

Encourage Conversions?

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	18
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:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable

Training:
1. Brantford, ON	2 Weeks

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	5
General Business Experience:	5
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:	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:	1- 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:

U.S.:	No
Canada:	Yes, Ontario
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

CFA Member

Operating Units:

Geographic Distribution:

North America: