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Gift Card Monkey

At a Glance

Products & Services: Gift card buying & reselling

Number of Locations: 6

Total Investment: $18.14K - 33.6K

Founded: 2010

Began Franchising: 2011

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2012 5 0 0 1
2011 2 0 0 0
2010 N/A N/A N/A 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $18,140 - $33,600
Franchise Fee: $14,900
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $30,000
Liquid Cash Available: $14,900
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At headquarters or via webinar
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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Entrepreneur Magazine's Entrepreneur of 2012 - Presented by The UPS Store