Operating Units: | |||||||||||||||||||||||||||||||
![]() Franchised Units: | ![]() 284 | ![]() 89.3% | ![]() | ||||||||||||||||||||||||||||
Company-Owned Units: | 34 | 10.7% | |||||||||||||||||||||||||||||
Total Operating Units: | 318 | 100.0% | |||||||||||||||||||||||||||||
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Density | Units |
1. California | 31 |
2. Florida | 37 |
3. New York | 26 |
Investment: | |
Minimum Net Worth: | $250K |
Cash Investment: | $60K |
Total Investment: | $203-393.75K |
Average Total Investment: | $300K |
Fees: | |
Initial Franchise Fee: | $43K |
Average Franchise Fee: | $43K |
On-Going Royalty: | 8%/$1.5K Min. |
Average Royalty: | 8% |
Advertising Fee: | 2%/$500 Min |
Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
Financial Net Worth: | 5 | ||||||||
General Business Experience: | 3 | ||||||||
Specific Industry Experience: | 1 | ||||||||
Formal Education: | 3 | ||||||||
Psychological Profile: | 1 | ||||||||
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? | Yes, for 1 Year(s) | ||||||||
Sub-Franchising Contracts? | No | ||||||||
Franchisees Allowed to Expand Within Territory? | No | ||||||||
Support and Training | |||||||||
International Franchise Association: | Yes | ||||||||
Canadian Franchise Association: | No | ||||||||
Franchisee Association/Member: | No | ||||||||
Size of Corporate Staff: | 100 | ||||||||
Site Selection Assistance? | Yes | ||||||||
Lease Negotiation Assistance? | Yes | ||||||||
Financial Assistance? | Yes, Indirect | ||||||||
Marketing Support: | |||||||||
Co-Op Advertising: | Yes | ||||||||
National Advertising: | Yes | ||||||||
Regional Advertising: | No | ||||||||
Local Advertising: | No | ||||||||
Marketing Materials: | Ad Slicks, Brochures, Catalogs, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads | ||||||||
Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases | ||||||||
Other Marketing Support: | Individual Websites / Field Marketing Support | ||||||||
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: | Included in Fees | ||||||||
Inventory Control: | Included in Fees | ||||||||
Franchisee Newsletter: | Included in Fees | ||||||||
Regional or National Meetings: | At Additional Cost | ||||||||
800 Telephone Hotline: | Included in Fees | ||||||||
Training: | |||||||||
1. Oradell, NJ (Corporate Headquarters) | 5 Weeks | ||||||||
2. Regional | On-Going | ||||||||
Expansion Plans | |||||||||
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