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Checkcare Systems
8900 Greenway Commons Pl., # 200
Louisville, KY 40220
800#: (800) 673-2435
Tel: (502) 719--295
Fax: (502) 719-0300
E-Mail: [email protected]
Web Site: www.checkcare.com
Contact: Ms. Cindy Schneider, Executive Vice President
CHECKCARE SYSTEMS is the fastest-growing check guarantee and verification company in the U.S. Proprietary software and hardware configuration included in total investment. Our national account base makes this opportunity a 'must investigate.'
Franchisor Background
Established: 1982
First Franchise: 1984
Franchise Units: 42
Company-Owned Units: 0
Total Units: 42
Distribution:
U.S. -- 42;
Canada -- 0;
International -- 0
-North America -- Operations in 22 States
-States/Provinces with Greatest Density: 7 in GA, 6 in FL, 5 in TX
Projected New Units Over Next 12 months: 3
Franchisee Qualifications: 4, 3, 2, 3, 3, 3
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,VA, DC (Click here for an explanation)
Average Number of Employees: 13 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,000 SF; Office Park
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $65-85K
Total Investment: $110-169K
Average Total Investment: $139.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $12.5-45K
-Average Franchise Fee: $28.8K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 0.5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 7/7
Passive Ownership: Discouraged
Area Development Agreements: Yes/1
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: Yes
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 20
On-Going Support: b,c,d,e,f,G,h (Click here for an explanation)
Training: 2 Weeks Columbus, GA.
Franchisor's Specific Expansion Plans
U.S.: West Coast, Northeast
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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