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| FranchiseMart 2121 Vista Pkwy. West Palm Beach, FL 33411 |
Submit an online form to receive information from FranchiseMart.
|
Business Description
Now the company that helps match people with the right business opportunity could be the right business opportunity for you! When you invest in FranchiseMart, you are investing in one of the hottest ideas in franchising, but also one that was created by a team of experts with over 30 years of franchising experience. FranchiseMart was founded on the premise that there is a business opportunity out there for everyone. And now, the most innovative concept in franchising could be the business for you!
Franchisor Background
Year Established: 2006
Franchising Since: 2007
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
Average Number of Employees: 2 Full-time, 0 Part-time
Space Needs (in square footage): 1,200
Preferred Sites: Strip Center
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
Now the company that helps match people with the right business opportunity could be the right business opportunity for you! When you invest in FranchiseMart, you are investing in one of the hottest ideas in franchising, but also one that was created by a team of experts with over 30 years of franchising experience. FranchiseMart was founded on the premise that there is a business opportunity out there for everyone. And now, the most innovative concept in franchising could be the business for you!
Franchisor Background
Year Established: 2006
Franchising Since: 2007
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 8 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 8 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $50 |
| Cash Investment: | $35 |
| Total Investment: | $110-115 |
| Average Total Investment: | $112K |
| Fees: | |
| Initial Franchise Fee: | $29.5 |
| Average Franchise Fee: | $29K |
| On-Going Royalty: | 7 |
| Average Royalty: | 7% |
| Advertising Fee: | 2 |
Space Needs (in square footage): 1,200
Preferred Sites: Strip Center
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 35 Year(s) | ||||||||
| Term of Renewal Period: | 0 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | Yes | ||||||||
| Franchisee Association/Member: | Yes, Not a Member | ||||||||
| Size of Corporate Staff: | 150 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Indirect | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases | ||||||||
| 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: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. WPB HQ | 1 week | ||||||||
| 2. Franchisee location | 1 week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from FranchiseMart.
|
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