Year began: 1988 Franchising since: 1994
|
120 Linden St. Bangor, ME 04401
Phone: (207)941-0860
Fax: (207)941-1050
| Franchisor is a privately-held company with 7 employee(s); 2 employee(s) in franchise department.
|
Franchise Growth
Year2008
2007
2006
2005
2004
U.S. Franchises696
696
549
352
215
Canadian Franchises157
157
146
141
105
Foreign Franchises136
136
126
183
275
Where Seeking Franchisees
Nationwide
Worldwide
Exclusive territories available.
Territory size: 25,000-50,000 population
Costs & Fees
Total investment: $9.5K
Franchise fee: $8K/5.5K
Ongoing royalty fee: $20-75/wk.
Term of agreement: 4 years, renewable
| 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 |
Qualifications
Business Experience:- General business experience
- Marketing skills
- Sales & advertising experience
Operations
- Franchise can be run from home
- 94% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 1
- Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 3 days
- Mentor program
ONGOING SUPPORT- Newsletter
- Meetings
- Internet
- Purchasing cooperatives
MARKETING SUPPORT
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#68 (2008); #68 (2007); #129 (2006); #236 (2005);
Ranked #1 in category in:
2008; 2007; 2006; 2005;
Fastest-Growing Franchises:#28 (2008); #14 (2007); #23 (2006); #55 (2005);
Top home based franchises:#15 (2008); #17 (2007); #32 (2006); #65 (2005);
Low-Cost Franchises:#17 (2008); #21 (2007); #32 (2006); #64 (2005);
America's Top Global Franchises:#61 (2008); #60 (2007); #90 (2006); #94 (2005);
Last Updated: 8/7/2008 12:00:00 AM
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