Year began: 1969 Franchising since: 1989
|
9336 Civic Center Dr.
Beverly Hills, CA 90210
Phone: (800)286-0645/(310)278-4321
Fax: (310)205-7655
| Franchisor has 2332 employee(s); 67 employee(s) in franchise department.
|
Franchise Growth
U.S. Franchises131
117
94
72
Canadian Franchises3
3
2
2
Foreign Franchises1
1
2
2
Where Seeking Franchisees
Nationwide
Worldwide
Exclusive territories available.
Territory size: Varies
Costs & Fees
Total investment: $24.8M-39.2M
Franchise fee: $75K+
Ongoing royalty fee: 5%
Term of agreement: 22 years, renewable
Renewal fee: Same as initial fee
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Other financing available - 3rd-party financing available
Qualifications
Net worth requirement: Varies
Cash liquidity requirement: Varies
Business Experience:- Industry experience
- General business experience
Operations
- Number of employees needed to run franchised unit: 100
- Absentee ownership of franchise is allowed.
Training & Support
TRAINING- General manager training prior to certification for opening
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:#196 (2008); #160 (2007); #173 (2006); #186 (2005); #309 (2004);
America's Top Global Franchises:#161 (2008); #127 (2007); #133 (2006); #120 (2005); #195 (2004);
Last Updated: 8/6/2008 12:00:00 AM
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