24 Seven Vending Inc.

Founded: 1997 Franchising since: 2001

233 Needham St. Newton, MA 02464

Phone: (617)332-3110

Franchisor is a privately-held company with 10 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2005	20	0	49	0

Where Seeking Franchisees
In the U.S. California, Texas, United states

Total investment: $257K-301K Franchise fee: $230K

Ongoing royalty fee: 10% Term of agreement: 6 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $80K
Business Experience:

• General business experience
• Physical work capabilities (to service machines); marketing skills & industry experience helpful but not necessary

Operations

• Franchise can be run from home
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 3 weeks+

Ongoing Support

• Toll-free phone line
• Field operations/evaluations
• Purchasing cooperatives

Other marketing support

• Marketing & sales support, business support