Business Description

TROPIK SUN FRUIT & NUT is a national franchised chain of over 80 retail stores located in regional malls, featuring candies, nuts, chocolates, fresh popcorn, snacks, drinks, plush toys, balloons and gifts.

Franchisor Background

Year Established:  1980

Franchising Since:  1980

Operating Units:
Franchised Units:	80	97.6%
Company-Owned Units:	2	2.4%
Total Operating Units:	82	100.0%
Geographic Distribution: U.S.: 82 100% In 27 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 82 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Texas	12
2. Connecticut	5
3. California	5

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$125K
Cash Investment:	$30-50K
Total Investment:	$100-190K
Average Total Investment:	$145K
Fees:
Initial Franchise Fee:	$20K
Average Franchise Fee:	$20K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	0%

Average Number of Employees: 0 Full-time, 3-6 Part-time

Space Needs (in square footage): 160-1,000

Preferred Sites: Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	2
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	2
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	5-10 Year(s)
Term of Renewal Period:	5-10 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
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:	9
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
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:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
1. Franchisee's Store	5 Days
Expansion Plans
Projected New Units Over Next 12 months:	20
U.S.:	Yes, All United States
Canada:	No
Overseas:	No