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Entrepreneur: Start & Grow Your Business

American Ramp Systems

Wheelchair ramp rentals & sales

Background

Founded: 1970 Franchising since: 2002
202 W. First St.
South Boston, Massachusetts 02127-1110
Phone:
(800)649-5215


Franchisor is a privately-held company with 25 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 40 0 0 1
2008 36 0 0 1
2007 36 0 0 1
2006 30 0 0 1
2005 22 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Colorado, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Maryland, Maine, Michigan, Missouri, Mississippi, North carolina, New hampshire, New york, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Wisconsin, West virginia

Exclusive territories available.
Territory size: 2 million population

Costs and Fees

Total investment: $121.8K-204.5K
Franchise fee: $49.3K+
Ongoing royalty fee: 12%
Term of agreement: 10 years, renewable


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 Yes
Payroll No Yes

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $75K
Business Experience:
  • Marketing skills
  • Understanding of clients' needs

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#412 (2009); #371 (2008); #383 (2007);

Top New Ranking:
#27 (2007);