Save It Now!
Group buying program for businessesBackground
Founded: 1986 Franchising since: 2002
Franchisor is a privately-held company with 29 employee(s); 3 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: minimum 10,000 companies created from contiguous ZIP codes
|
201 N. Illinois St., #1701 Indianapolis, Indiana 46204 |
Phone: (317)208-4836 |
Franchisor is a privately-held company with 29 employee(s); 3 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2006 | 38 | 0 | 0 | 0 |
| 2005 | 48 | 0 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: minimum 10,000 companies created from contiguous ZIP codes
Costs and Fees
|
Total investment: $77.4K-254.9K Franchise fee: $40K |
Ongoing royalty fee: 6% Term of agreement: 10 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
Net worth requirement: $250K
Cash liquidity requirement: $58.5K
Business Experience:
- Sales or sales management experience strongly recommended
Operations
- Franchise can be run from home
- 60% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 1
- Absentee ownership of franchise is allowed.
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 12 days
- At franchisee's location: 6 days+ & as needed
- Web training as needed; advanced training for 7 days
Ongoing Support
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
Other marketing support
- Email support & telemarketing
Rankings
Franchise 500® rank:
#410 (2007); #463 (2006); #442 (2005);
Top New Ranking:
#33 (2007); #43 (2006); #44 (2005);
#410 (2007); #463 (2006); #442 (2005);
Top New Ranking:
#33 (2007); #43 (2006); #44 (2005);