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Laptop Xchange

At a Glance

Products & Services: Electronics store

Number of Locations: 9

Total Investment: $184.75K - 279K

Founded: 2003

Began Franchising: 2008

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2012 5 0 0 4
2011 4 0 0 1
2010 4 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $184,750 - $279,000
Franchise Fee: $32,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: Term of agreement not renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $75,000
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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