Year began: 1965 Franchising since: 1975
|
160 Hawthorne Pk. Athens, GA 30606
Phone: (800)723-4388/(706)548-1040
Fax: (800)548-1040
| Franchisor has 25 employee(s); 4 employee(s) in franchise department.
|
Franchise Growth
U.S. Franchises275
273
272
278
Canadian Franchises100
106
91
99
Foreign Franchises0
0
0
0
Where Seeking Franchisees
Nationwide
Outside the U.S.:
Costs & Fees
Total investment: $88.9K
Franchise fee: $27.5K
Ongoing royalty fee: 4.5-9%
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 | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third-party financing source(s): Textron Financial
Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:- Industry experience
- General business experience
- Marketing skills
Operations
- Franchise can be run from home
- 0.5% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 1
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 10 days
- At franchisee's location: 6 days
- At annual marketing convention & tax seminar
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Internet
- Purchasing cooperatives
MARKETING SUPPORT- Ad slicks
- Other marketing support: Marketing materials
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#180 (2008); #155 (2007); #434 (2006); #381 (2005); #272 (2004);
Ranked #1 in category in:
2008; 2007;
Top home based franchises:#38 (2008); #42 (2007); #79 (2004);
America's Top Global Franchises:#157 (2008); #126 (2007); #198 (2004);
Last Updated: 7/2/2008 12:00:00 AM
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