| Red Hot & Blue 1701 Clarendon Blvd., # 105 Arlington, VA 22209 |
Submit an online form to receive information from Red Hot & Blue.
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| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 32 | 84.2% | |||||||||||||||||||||||||||||
| Company-Owned Units: | 6 | 15.8% | |||||||||||||||||||||||||||||
Total Operating Units: | 38 | 100.0% | |||||||||||||||||||||||||||||
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| Density | Units |
| 1. North Carolina | 6 |
| 2. Texas | 5 |
| 3. Virginia | 5 |
| Investment: | |
| Minimum Net Worth: | $1MM |
| Cash Investment: | $347.7-868K |
| Total Investment: | $397.75K |
| Average Total Investment: | $398K |
| Fees: | |
| Initial Franchise Fee: | $35K |
| Average Franchise Fee: | $35K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | $375/Mo. |
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 5 | ||||||||
| Formal Education: | 4 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 20 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: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 18 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | No | ||||||||
| 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: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | At Additional Cost | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Home Office | 3 Weeks | ||||||||
| 2. On-Site | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Red Hot & Blue.
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