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MonitorClosely.com

Digital surveillance systems

Background

Founded: 2006 Franchising since: 2006
Address:
901 King St., #101
Alexandria, Virginia 22314
 Phone:
(800)797-7505


Franchisor is a privately-held company with 12 employee(s); 3 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 117 2 2 0
2007 67 2 0 0
2006 17 0 0 0

Where Seeking Franchisees
Nationwide
Outside the U.S.: World Wide

Exclusive territories available.
Territory size: 250,000 population

Costs and Fees

Total investment: $45,000 - $60,000
Franchise fee: $39,500
Ongoing royalty fee: 8%
Term of agreement: 5 years, renewable


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

Operations
  • Franchise can be run from home
  • 25% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 1
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#386 (2009); #442 (2008);

Fastest-Growing Franchises:
#57 (2009); #84 (2008);

Low-Cost Franchises:
#86 (2009);

Top New Ranking:
#26 (2009); #39 (2008);


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