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EYESthere Inc.

Digital video security systems

Background

Founded: 2006 Franchising since: 2007
10725 SW Barbur Blvd., #50
Portland, Oregon 97219
Phone:
(503)726-3937


Franchisor is a privately-held company with 10 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 5 0 0 2
2006 N/A N/A N/A 1
2005 N/A N/A N/A N/A

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $190K-310K
Franchise fee: $45K
Ongoing royalty fee: 6-10%
Term of agreement: 7 years, renewable


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

Qualifications
Net worth requirement: $75K
Cash liquidity requirement: $75K
Business Experience:
  • Passion for security industry

Operations
  • 40% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • PR

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