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TFM
10333 - 174 St.
Edmonton, AB T5S 1H1 CANADA
800#:
Tel: (780) 483-3217
Fax: (780) 486-7528
E-Mail: [email protected]
Web Site: www.totalsound.com
Contact: Mr. A. J. Herfst, President
Retail sales of pre-recorded music, including compact discs, cassettes, videos and DVD, as well as related accessories and other paraphernalia. Franchisor provides full turn-key operation, inventory controls and full operational guidance.
Franchisor Background
Established: 1974
First Franchise: 1985
Franchise Units: 14
Company-Owned Units: 3
Total Units: 17
Distribution:
U.S. -- 0;
Canada -- 17;
International -- 0
-North America -- Operations in 7 Provinces
-States/Provinces with Greatest Density: 7 in AB, 5 in SK, 3 in BC
Projected New Units Over Next 12 months: 3
Franchisee Qualifications: 2, 2, 1, 2, 3, 3
(Click here for an explanation)
Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: 2 FT, 4 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,400 SF; RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $40-80K
Total Investment: $125-200K
Average Total Investment: $162.5K
Minimum Net Worth: $NA
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
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: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 5
On-Going Support: B,C,D,E,F,H (Click here for an explanation)
Training: 1 Week Headquarters; 1 Week in Store; 2 Day Refresher On-Site.
Franchisor's Specific Expansion Plans
U.S.: No
Canada: Western Canada
Overseas: No
Note: NR = No Response by Franchisor.
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