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Renaissance Executive Forums
 

RENAISSANCE EXECUTIVE FORUMS bring together top executives from similarly sized, non-competing companies into an advisory board process in which thousands of chief executives throughout the world participate. These CEOs, presidents and owners meet once a month in small groups of approximately eight to fourteen individuals. The meetings provide an environment designed to address the opportunities and challenges they face as individuals and leaders of their respective organizations.

Franchisor Background

Year Established:

  1994

Franchising Since:

  1994

IFA Member



Operating Units:

Franchised Units:50 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:50 100%  
 

Geographic Distribution:

U.S.:45 78.9% In 20 States
Canada:1 1.8% In 1 Canadian Provinces
International:11 19.3% In 11 Foreign Countries
 ______ _____  
Total:57 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California7
2. Illinois4
3. Florida3

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

Financial Requirements

Investment:

Minimum Net Worth:$500K
Cash Investment:$55.4-73.3K
Total Investment:$75.5-110K
Average Total Investment:$93K
 

Fees:

Initial Franchise Fee:$39.5K
Average Franchise Fee:$40K
On-Going Royalty:20%
Average Royalty:20%
Advertising Fee:0%

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Home-based

Other Sites:

   Executive Suite

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

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?No
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Emails, Promotional Items, Videos
Additional Services:Newsletter, Online Extranet, Press Releases
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
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:Not Applicable
 

Training:

1. La Jolla, CA.8 Days
 

Franchisee Qualifications

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

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:10%
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: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:

   10
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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