Year began: 1999 Franchising since: 2000
|
95 Barnes Rd. Wallingford, CT 06492
Phone: (888)727-4258
Fax: (203)774-8515
| Franchisor is a privately-held company with 50 employee(s); 7 employee(s) in franchise department.
|
Franchise Growth
Year2008
2007
2006
2005
2004
U.S. Franchises666
531
280
90
39
Canadian Franchises26
20
11
3
2
Foreign Franchises4
3
0
0
0
Where Seeking Franchisees
Nationwide
Worldwide
Exclusive territories available.
Costs & Fees
Total investment: $145.95K-300.2K
Franchise fee: $25K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable
Renewal fee: $2K
| 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 | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $50K
Business Experience:- General business experience
Operations
- 12% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 4
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 1 week
- At franchisee's location: 1 week
- On-the-job training: 1 week
ONGOING SUPPORT- Toll-free phone line
- Internet
- 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:#49 (2008); #56 (2007); #180 (2006); #207 (2005); #446 (2004);
Ranked #1 in category in:
2008; 2007;
Fastest-Growing Franchises:#12 (2008); #15 (2007); #76 (2006);
Top New Ranking:#8 (2005); #44 (2004);
America's Top Global Franchises:#42 (2008); #62 (2007); #152 (2006);
Last Updated: 2/11/2008 12:00:00 AM
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