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Sanford Rose Associates
 

We represent companies and institutions around the world in finding high-quality executives, managers and professionals for important position openings through our proprietary Dimensional Search process.

Franchisor Background

Year Established:

  1959

Franchising Since:

  1970

IFA Member



Operating Units:

Franchised Units:61 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:61 100%  
 

Geographic Distribution:

U.S.:64 95.5% In 25 States
Canada:0 0% In 0 Canadian Provinces
International:3 4.5% In 0 Foreign Countries
 ______ _____  
Total:67 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California10
2. Ohio7
3. Kentucky5

Registered in Following Registration States:

   California, Florida, Illinois, Michigan, New York

Financial Requirements

Investment:

Minimum Net Worth:$350K
Cash Investment:$74.5-123.8K
Total Investment:$91.3-129.7K
Average Total Investment:$111K
 

Fees:

Initial Franchise Fee:$65K
Average Franchise Fee:$65K
On-Going Royalty:7-5%
Average Royalty:7%
Advertising Fee:0.5%

Average Number of Employees:

   3 Full-time, 1 Part-time

Space Needs (in square footage):

   600-1,000

Preferred Sites:

  

Other Sites:

   Leased Office Space

Encourage Conversions?

   Yes

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:6
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

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:eBrochure, Website
 

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: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. Corporate Headquarters13 Days
2. On-Site1.5 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
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:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 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?No

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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