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Compound Profit
The Company and its Franchisees are dedicated to helping businesses Compound ProfitĀ® by improving their cash flow, reducing their operating costs, and increasing their bottom line. We do this through services like factoring (and other forms of alternative financing), credit collections, bill auditing, accounts receivable consulting, sales training, and more
Franchisor Background
Year Established: 2006
Franchising Since: 2006
Operating Units:
Franchised Units: 71 100%
Company-Owned Units: 0 0%
______ _____
Total Operating Units: 71 100%
Geographic Distribution:
U.S.: 71 100% In 27 States
Canada: 0 0% In 0 Canadian Provinces
International: 0 0% In 0 Foreign Countries
______ _____
Total: 71 100%
North America:
States/Provinces with the largest number of operating units:
Density Units
1. Florida 5 2. Ohio 5 3. California 5
Registered in Following Registration States:
Financial Requirements
Investment:
Minimum Net Worth: $N/A
Cash Investment: $39K-92K
Total Investment: $50K-100K
Average Total Investment: $0K
Fees:
Initial Franchise Fee: $34
Average Franchise Fee: $34K
On-Going Royalty: 8
Average Royalty: 8%
Advertising Fee: 250
Average Number of Employees: 1 Full-time, 3 Part-time
Space Needs (in square footage): N/A
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided? No
Listed in the SBA Registry? Yes
Support and Training
International Franchise Association: No
Canadian Franchise Association: No
Franchisee Association/Member: No
Size of Corporate Staff: 26
Site Selection Assistance? Not Applicable
Lease Negotiation Assistance? Not Applicable
Financial Assistance? Yes, Indirect
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: Included in Fees
Central Purchasing: Not Applicable
Field Operation Evaluation: Included in Fees
Field Training: At Additional Cost
Initial Store Opening: Not Applicable
Inventory Control: Not Applicable
Franchisee Newsletter: Included in Fees
Regional or National Meetings: At Additional Cost
800 Telephone Hotline: Included in Fees
Training:
1. McKinney, TX 5 days 2. Pre-training (online) 3 days
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth: 4
General Business Experience: 4
Specific Industry Experience: 3
Formal Education: 3
Psychological Profile: 3
Personal Interview(s): 4
Minority Representation
Units Owned by Minorities:
African-American: 2
Asian-American: 5
Hispanic: 4
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: 10 Year(s)
Passive Ownership: Allowed
Area Development Agreements? Yes, for 0 Year(s)
Sub-Franchising Contracts? No
Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 24
U.S.: Yes, All
Canada: No
Overseas: No