Expetec
Tech solutions for small businessesBackground
Founded: 1992 Franchising since: 1996
Franchisor is a privately-held company with 13 employee(s); 10 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, 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, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: By ZIP code
|
12 2nd Ave. S.W. Aberdeen, South dakota 57401 |
Phone: (605)725-6013
Franchisee Association
Expetec - AAFD |
Franchisor is a privately-held company with 13 employee(s); 10 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 33 | 1 | 0 | 1 |
| 2007 | 30 | 1 | 0 | 1 |
| 2006 | 40 | 1 | 0 | 1 |
| 2005 | 45 | 1 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, 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, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: By ZIP code
Costs and Fees
|
Total investment: $82.2K-123K Franchise fee: $45K |
Ongoing royalty fee: 12% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
Operations
- 25% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 3
- Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 1 week
- At franchisee's location: 1 week
- Webinar : 8 weeks
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
- Regional advertising
Rankings
Franchise 500® rank:
#362 (2005);
Fastest-Growing Franchises:
#32 (2005);
Top Home Based Franchises:
#102 (2005);
#362 (2005);
Fastest-Growing Franchises:
#32 (2005);
Top Home Based Franchises:
#102 (2005);