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Marad Fine Art 23 Atlantic St.
Stamford, CT 06901
800#: Tel: (203) 323-2200 Fax: (203) 323-8200
E-Mail: [email protected]
Web Site: www.maradfineart.com
Contact: Mr. Dick Fierstein, President
MARAD FINE ART offers qualified individuals with a flair for sales and an appreciation of art the chance to operate their own commercial art business from their home or office. Product line contains over 15,000 of the world's best-loved art reproductions in quality, custom mattes and frames at the same low price for each piece. Comprehensive sales training, exclusive territories and a turnkey ordering/fulfillment system allow for easy start-up, operational efficiency, little overhead and NO INVENTORY.
Franchisor Background
Established: 1938
First Franchise: 2002
Franchise Units: 3
Company-Owned Units: 1
Total Units: 4
Distribution:
U.S. -- 4;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 1 in CT
Projected New Units Over Next 12 months: 4
Franchisee Qualifications: 3, 4, 2, 2, 3, 4
(Click here for an explanation)
Registered in Following Registration States: FL (Click here for an explanation)
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $35-60K
Total Investment: $35-60K
Average Total Investment: $47.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $35-60K
-Average Franchise Fee: $47.5K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 1
On-Going Support: NR (Click here for an explanation)
Training: 1 Day Stamford CT; 1 Day Hauppage, NY.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: All Countries
Note: NR = No Response by Franchisor.
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