#387
At a Glance
Products & Services: Hydraulic hose services
Number of Locations: 373
Total Investment: $327K - 576K
Founded: 1980
Began Franchising: 1987
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 38 | 1 | 332 | 2 |
| 2010 | 34 | 1 | 313 | 2 |
| 2009 | 38 | 0 | 313 | 3 |
| 2008 | 38 | 0 | 313 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $327,000 - $576,000
Franchise Fee: $48,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $48,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $100,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: As needed.
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,
Franchise Ranking History
America's Top Global: #197 (2010),