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Great!Gumballs

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Great!Gumballs
11081 Zaring Court
Cincinnati, OH 45241
800#:
Tel: (513) 205-4887
Fax: (702) 995-3723
E-Mail: [email protected]
Web Site: www.greatgumballs.com
Contact: Mr. Stephen M. Theobald, VP Franchising


Join one of the fastest-growing, unique self-service franchise vending concepts. Exotic flavored gumballs offered in a stunning pyramid. We do it all for our franchisees - from negotiating a site lease to installing your GREAT!GUMBALLS unit. Designed specifically for the franchisee seeking a minimum effort, turnkey operation.




Franchisor Background


Established: 2002
First Franchise: 2002
Franchise Units: 0
Company-Owned Units: 2
Total Units: 2

Distribution:
U.S. -- 2; Canada -- 0; International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 2 in OH

Projected New Units Over Next 12 months: NR
Franchisee Qualifications: , , , , ,
(Click here for an explanation)

Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 64 SF; RM (Click here for abbreviations)
Encourage Conversion: NR


Financial Requirements

Cash Investment: $25-30K
Total Investment: $25-30K
Average Total Investment: $27.5K
Minimum Net Worth: $100K

Fees:
-Franchise: $10K
-Average Franchise Fee: $10.0K
-Royalty: 0%
-Average Royalty: .0%
-Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NR
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 2
On-Going Support: B,D,E,G,I (Click here for an explanation)
Training: 4-8 Hours at Franchisee's Site.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: NR
Overseas: NR

Note: NR = No Response by Franchisor.
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