M & M Meat Shops Ltd.
At a Glance
Products & Services: Specialty frozen foods
Number of Locations:
Total Investment: $320K
Founded: 1980
Began Franchising: 1981
Startup Costs, Ongoing Fees and Financing
Total Investment: $320,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: Term of agreement renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: Term of agreement renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $150,000
Operations
17% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,