Metal Supermarkets Int'l.
At a Glance
Products & Services: Wholesale & retail metal supplier
Number of Locations:
Total Investment: $225K - 275K
Founded: 1985
Began Franchising: 1987
Startup Costs, Ongoing Fees and Financing
Total Investment: $225,000 - $275,000
Franchise Fee: $39,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $39,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000 - $125,000
Operations
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 3 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: Ad slicks, National media, Regional advertising,