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ACFN-The ATM Franchise Business

ATM machines

Background

Founded: 1996 Franchising since: 2003
96 N. 3rd St., #600
San Jose, California 95112
Phone:
(888)794-2236


Franchisor has 28 employee(s); 12 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 127 12 0 1
2008 104 2 0 1
2007 94 0 0 1
2006 49 0 0 2
2005 25 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $36K-85K
Franchise fee: $29.5K
Term of agreement: 10 years, renewable


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

Qualifications
Cash liquidity requirement: $36.5K

Operations
  • Franchise can be run from home
  • 95% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Internet

Other marketing support
  • Marketing materials, leads

Rankings

Franchise 500® rank:
#450 (2008);

Top New Ranking:
#41 (2008);


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