Year began: 1956 Franchising since: 1976
|
4444 W. 147th St.
Midlothian, IL 60445
Phone: (800)581-8468/(708)389-5922
Fax: (708)389-9882
| Franchisor has 35 employee(s); 2 employee(s) in franchise department.
|
Franchise Growth
U.S. Franchises146
153
154
150
Canadian Franchises0
0
0
0
Foreign Franchises0
0
0
0
Where Seeking Franchisees
In the U.S.
Costs & Fees
Total investment: $139.1K-176.3K
Franchise fee: $27.5K
Ongoing royalty fee: 7%
Term of agreement: 20 years, renewable
Renewal fee: $2.5K
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | No | Yes |
| Startup Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third-party financing source(s): the SBA
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K
Business Experience:- General business experience
- Marketing skills
Operations
- Number of employees needed to run franchised unit: 3 - 5
- Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 2 weeks
- At franchisee's location: 3 weeks
- Operations visit at location when open: 1 week
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 in Entrepreneur magazine 2004-2008
Franchise 500® rank:#452 (2008); #284 (2007); #281 (2006); #137 (2005); #228 (2004);
Last Updated: 11/26/2007 12:00:00 AM
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