CardSmart Retail Corp.
At a Glance
Products & Services: Card & gift store
Number of Locations:
Total Investment: $193.9K - 263.6K
Founded: 1996
Began Franchising: 2001
Startup Costs, Ongoing Fees and Financing
Total Investment: $193,900 - $263,600
Franchise Fee: $15,000
Ongoing Royalty Fee: 2.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $15,000
Ongoing Royalty Fee: 2.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $75,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 7. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening,
Marketing Support: Ad slicks,