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Cybertary
 

Do you want to help small business owners reach their goals? Are you looking for a values-based business model that provides opportunity to achieve work/life balance? If so, Cybertary may be the perfect franchise for you. Cybertary owners consult with businesses to identify administrative challenges and can tap into a team of Cybertary virtual assistants (VAs) to help fulfill the client’s needs. It’s the perfect, flexible career for those with professional backgrounds in management, business development, financial services or sales and marketing.

Franchisor Background

Year Established:

  2005

Franchising Since:

  2006

Operating Units:

Franchised Units:24 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:24 100%  
 

Geographic Distribution:

U.S.:24 100% In 14 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:24 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California5
2. North Carolina3
3. New York3

Registered in Following Registration States:

   California, Florida, Illinois, Indiana, Minnesota, New York, Oregon, Virginia, Washington, Wisconsin

Financial Requirements

Investment:

Minimum Net Worth:$80K
Cash Investment:$40K
Total Investment:$40-78K
Average Total Investment:$60K
 

Fees:

Initial Franchise Fee:$37.5K
Average Franchise Fee:$0K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:1% of gross sales

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

  

Preferred Sites:

   Home-based

Other Sites:

  

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:No
Size of Corporate Staff:4
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:Ad Slicks, Brochures, Direct Mailers
Additional Services:Grand Opening, Marketing Research, Newsletter, Online Extranet
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Not Applicable
 

Training:

1. Cybertary Corporate4 days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:5
Specific Industry Experience:2
Formal Education:2
Psychological Profile:2
Personal Interview(s):4

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:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 10 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   Entire United States
U.S.:Yes, CA, WA, OR, MT, ID, UT, NV, AZ, WY, CO, NM, TX, NE
Canada:No
Overseas:No
 
 
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