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Entrepreneur: Start & Grow Your Business

AdviCoach

Business coaching services

Background

Founded: 2002 Franchising since: 2002
900 Main St., Bldg. 2
Southbury, Connecticut 06488
Phone:
(800)289-0086


Franchisor is a privately-held company with 10 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 42 0 1 0
2008 24 0 5 0
2007 17 0 4 0
2006 14 0 4 0
2005 13 0 4 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 1 unit per 1K payrolled businesses per state

Costs and Fees

Total investment: $68.9K-78.1K
Franchise fee: $40K
Ongoing royalty fee: 5-15%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $150K-250K
Cash liquidity requirement: $80K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 14 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks

Other marketing support
  • Complete customized marketing plan

Rankings

Franchise 500® rank:
#434 (2009); #398 (2007);

Top New Ranking:
#31 (2007);