CardSmart Retail Corp.

Founded: 1996 Franchising since: 2001

Address: 11 Executive Ave. Edison, New Jersey 08817

Phone: (877)227-3762

Franchisor has 15 employee(s); 15 employee(s) in franchise department.

Franchise Units

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	76	0	0	3

Where Seeking Franchisees
Nationwide

Exclusive territories available.
Territory size: 40,000 population within a 3-mile radius

Total investment: $193,900 - $263,600
Franchise fee: $15,000
Ongoing royalty fee: 2.5%
Term of agreement: 10 years, renewable


Type of Financing Available

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

Qualifications
Net worth requirement: $200,000
Cash liquidity requirement: $75,000

Operations

• 20% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 7
• Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening

Marketing Support

• Ad slicks

Franchise 500® rank:
#480 (2007); #373 (2006);

Top New Ranking:
#25 (2006);