Young Rembrandts 23 N. Union St. Elgin, IL 60123 |
Submit an online form to receive information from Young Rembrandts.
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Operating Units: | |||||||||||||||||||||||||||||||
![]() Franchised Units: | ![]() 63 | ![]() 95.5% | ![]() | ||||||||||||||||||||||||||||
Company-Owned Units: | 3 | 4.5% | |||||||||||||||||||||||||||||
Total Operating Units: | 66 | 100.0% | |||||||||||||||||||||||||||||
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Density | Units |
1. California | 10 |
2. Illinois | 7 |
Investment: | |
Minimum Net Worth: | $100K |
Cash Investment: | $31.5K |
Total Investment: | $35.9-48.8K |
Average Total Investment: | $42K |
Fees: | |
Initial Franchise Fee: | $31.5K |
Average Franchise Fee: | $32K |
On-Going Royalty: | 10%/8% |
Average Royalty: | 10% |
Advertising Fee: | |
Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
Financial Net Worth: | N/A | ||||||||
General Business Experience: | N/A | ||||||||
Specific Industry Experience: | N/A | ||||||||
Formal Education: | N/A | ||||||||
Psychological Profile: | N/A | ||||||||
Personal Interview(s): | N/A | ||||||||
Terms of Contract | |||||||||
Term of Initial Contract: | 10 Year(s) | ||||||||
Term of Renewal Period: | Year(s) | ||||||||
Passive Ownership: | Not Allowed | ||||||||
Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
Sub-Franchising Contracts? | No | ||||||||
Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
Support and Training | |||||||||
International Franchise Association: | Yes | ||||||||
Canadian Franchise Association: | No | ||||||||
Franchisee Association/Member: | Yes, Member | ||||||||
Size of Corporate Staff: | 15 | ||||||||
Site Selection Assistance? | Not Applicable | ||||||||
Lease Negotiation Assistance? | Not Applicable | ||||||||
Financial Assistance? | No | ||||||||
Marketing Support: | |||||||||
Co-Op Advertising: | No | ||||||||
National Advertising: | Yes | ||||||||
Regional Advertising: | No | ||||||||
Local Advertising: | No | ||||||||
Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos | ||||||||
Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
Other Marketing Support: | None Specified | ||||||||
On-Going Support: | |||||||||
Central Data Processing: | Not Applicable | ||||||||
Central Purchasing: | Included in Fees | ||||||||
Field Operation Evaluation: | Included in Fees | ||||||||
Field Training: | Not Applicable | ||||||||
Initial Store Opening: | Not Applicable | ||||||||
Inventory Control: | Not Applicable | ||||||||
Franchisee Newsletter: | Not Applicable | ||||||||
Regional or National Meetings: | Included in Fees | ||||||||
800 Telephone Hotline: | Not Applicable | ||||||||
Training: | |||||||||
1. Elgin, IL | 5 Days | ||||||||
Expansion Plans | |||||||||
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Submit an online form to receive information from Young Rembrandts.
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