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Entrepreneur's Source, The
900 Main St. S., Bldg. # 2
Southbury, CT 06488
      Top100

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Business Description

We provide consulting, education and guidance to people exploring self-employment as an additional career option. Using a unique profiling system, ENTREPRENEUR'S SOURCE consultants help people discover the best options for them.

Franchisor Background

Year Established:  1984

Franchising Since:  1997

Operating Units:

Franchised Units:

250

100%
Company-Owned Units:00%
 
Total Operating Units:
250
100.0%
 
Geographic Distribution:
U.S.:24798.8%In 40 States
Canada:31.2%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
250
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California27
2. Illinois19

Registered in Following Registration States: California, Florida, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $150K
Cash Investment:$75K
Total Investment:$87.5-95K
Average Total Investment:$91K
 
Fees:
Initial Franchise Fee:$49K
Average Franchise Fee:$49K
On-Going Royalty:0%
Average Royalty:0%
Advertising Fee:$750/Mo.
 
Average Number of Employees: 1 Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:1
Formal Education:1
Psychological Profile:2
Personal Interview(s):5
 
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?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 17
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 
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:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. CT. Initial8 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 100

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, Most Countries
Submit an online form to receive information from Entrepreneur's Source, The.