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The Entrepreneur's Source
- TES Franchising, LLC
Southbury, CT 06488
- (203) 405-2131
- (203) 264-3516 (Fax)
- Ms. Dawn Ingala
- [email protected]
The Entrepreneur's Source is an all inclusive one source resource for Entrepreneurship. With over 30 years experience and 33% of the market, E-Source dominates the coaching industry. E-Source Coaches provide education, coaching and resources to individuals who desire to achieve their dreams of becoming self sufficient through business ownership. This allows our clients to explore alternate career options that meet their goals needs and expectations utilizing our Possibilities Passport Discovery process. Our coaches also work with existing franchise business owners to help them grow revenues and increase the value of their business.
Franchisor Background
Year Established: 1984
Franchising Since: 1997
Operating Units
| Franchised Units | 160 | 100.0% |
|---|---|---|
| Company-Owned Units | 0 | 0.0% |
| Total Operating Units | 160 | 100% |
Geographic Distribution
| USA | 160 | 97.0% | In 40 States |
|---|---|---|---|
| Canada | 5 | 3.0% | In 1 Provinces |
| International | 0 | 0.0% | In 0 Foreign Countries |
| Total | 165 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| California | 33 |
| Michigan | 17 |
| North Carolina | 17 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | Yes |
| Franchisee Association? | No |
| Size of Corporate Staff | 35 |
| Site Selection Assistance |
N/A |
| Lease Negotiation Assistance | N/A |
| Financial Assistance | No |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | Yes |
| Regional Advertising | No |
| Local Advertising | No |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | N/A |
| Field Operation Evaluation | N/A |
| Field Training | Included |
| Initial Store Opening | N/A |
| Inventory Control | N/A |
| Franchisee Newsletter | N/A |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Southbury, CT | 5 Days |
| Virtual | 6 Weeks |
Financial Requirements
Investment
| Minimum Net Worth | $199K |
|---|---|
| Cash Investment | $67K |
| Total Investment | $66-74.6K |
| Average Total Investment | $70K |
Fees
| Initial Franchise Fee | $45K |
|---|---|
| Average Franchise Fee | $45K |
| On-Going Royalty | 25%/5-15% |
| Average Royalty | 0% |
| Advertising Fee | $750/Mo. |
Site Information and Requirements
| Average Number of Full-Time Employees | 1 |
|---|---|
| Average Number of Part-Time Employees | 0 |
| Space Needs (in square feet) | None |
| Preferred Site Types | N/A |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 4 |
|---|---|
| General Business Experience | 4 |
| Specific Industry Experience | 1 |
| Formal Education | 1 |
| Psychological Profile | 2 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed, but discouraged |
| Area Development Agreements? |
Yes, for 8 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 30 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | Yes, Most Countries |
