Year began: 1961 Franchising since: 1965
|
4440 Von Karman Ave., #222 Newport Beach, CA 92660
Phone: (800)764-9353
Fax: (949)851-2618
| Franchisor is a privately-held company with 45 employee(s); 5 employee(s) in franchise department.
|
Franchise Growth
Where Seeking Franchisees
In the U.S.
Costs & Fees
Total investment: $136K-1M
Express/kiosk option available
Franchise fee: $32K
Ongoing royalty fee: 5%
Term of agreement: 20 years, renewable
Renewal fee: $1.6K per year
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $100K
Business Experience:- Industry experience
- General business experience
Operations
- 50% of all franchisees own more than one unit
- Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 1 week
- At franchisee's location: 5 weeks
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
- Other marketing support: Radio & TV
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#171 (2006); #120 (2005); #114 (2004);
Ranked #1 in category in:
2005; 2004;
Last Updated: 6/12/2008 12:00:00 AM
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