Year began: 2001 Franchising since: 2002
|
12181 Margo Ave. S. Hastings, MN 55033
Phone: (800)704-5004
Fax: (651)438-5099
| Franchisor is a privately-held company with 18 employee(s); 5 employee(s) in franchise department.
|
Franchise Growth
Year2008
2007
2006
2005
2004
U.S. Franchises642
444
196
95
46
Canadian Franchises2
1
1
1
0
Foreign Franchises0
0
0
0
0
Where Seeking Franchisees
Nationwide
Outside the U.S.:
Exclusive territories available.
Territory size: 2-5 miles depending on population density
Costs & Fees
Total investment: $28.3K-286.5K
Franchise fee: $3.99K-13.5K
Ongoing royalty fee: $419/mo.
Term of agreement: 5 years, renewable
Renewal fee: $500
| 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: $50K
Cash liquidity requirement: $13.5K-70K
Business Experience:- General business experience
Operations
- 40% of all franchisees own more than one unit
- Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 3 days minimum
- At franchisee's location: 3 days minimum
- Ongoing training
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
MARKETING SUPPORT
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#75 (2008); #353 (2007); #261 (2006);
Fastest-Growing Franchises:#13 (2008); #36 (2007); #58 (2006);
Top New Ranking:#20 (2007); #14 (2006);
Low-Cost Franchises:#19 (2008); #94 (2007); #61 (2006);
America's Top Global Franchises:#70 (2008); #189 (2006);
Last Updated: 2/19/2008 12:00:00 AM
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