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Framing & Art Centre

FRAMING & ART CENTRE is Canada's only national art & custom framing store, specializing in a hands-on, artistic environment. Each store offers a large selection of design samples, prints and posters with custom framing in a creative atmosphere. Easy to learn and operate, exceptional training and support, national buying power and proven marketing programs. Air Miles offered.

Franchisor Background

Year Established:

1974

Franchising Since:

1977

IFA Member

CFA Member

Operating Units:
Franchised Units:	51	100%
Company-Owned Units:	0	0%
	______	_____
Total Operating Units:	51	100%

Geographic Distribution:
U.S.:	0	0%	In 0 States
Canada:	51	100%	In 5 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	51	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Ontario	29
2. British Columbia	12
3. Alberta	6

Registered in Following Registration States:

Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$200K
Cash Investment:	$35-50K
Total Investment:	$118-179K
Average Total Investment:	$148K

Fees:
Initial Franchise Fee:	$30K
Average Franchise Fee:	$30K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	1%

Average Number of Employees:

2 Full-time, 2 Part-time

Space Needs (in square footage):

1,200-1,400

Preferred Sites:

Storefront, Strip Center

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	4
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	Yes
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:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Burlington, ON	10 Days

Franchisee Qualifications

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

Financial Net Worth:	4
General Business Experience:	3
Specific Industry Experience:	3
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:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
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, All Canada
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

IFA Member

CFA Member

Operating Units:

Geographic Distribution:

North America: