- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$56K - $77K
- Units as of 2018
-
128 14% over 3 years
Company Overview
About TapSnap
Industry | Services (Other) |
---|---|
Related Categories | Photography & Video Services, Party/Event Services, Miscellaneous Services |
Founded | 2012 |
Leadership | Scott McInnes, CEO |
Corporate Address |
102-930 W. 1st St. North Vancouver, BC V7P 3N4 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2012 (12 years) |
---|---|
# of employees at HQ | 20 |
Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
# of Units | 128 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a TapSnap franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$17,500 - $30,000 |
---|---|
Initial Investment
|
$56,284 - $77,384 |
Cash Requirement
|
$20,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | TapSnap has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 25.5 hours |
---|---|
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where TapSnap landed on this year's Franchise 500 Ranking versus previous years.
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