MonitorClosely.com

Digital surveillance systems
Year began: 2006    Franchising since: 2006

4555 Lake Forest Dr., #650
Cincinnati, OH 45242

Phone: (800)797-7505
Fax: (513)563-3054

Franchisor is a privately-held company with 12 employee(s); 3 employee(s) in franchise department.


Franchise Growth
Year

2008
2007
2006
2005
2004
U.S. Franchises
121
67
17
N/A
N/A
Canadian Franchises
2
2
0
N/A
N/A

Foreign Franchises
0
0
0
N/A
N/A
Company
Owned

0
0
0
N/A
N/A

Where Seeking Franchisees
Nationwide

Outside the U.S.:

Exclusive territories available.
Territory size: 400K population

Costs & Fees
Total investment: $29.6K-45.4K
Franchise fee: $24.9K-29.9K
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable
Type of Financing Available
In-HouseThird Party
Franchise FeeYesNo
Startup CostsNoNo
EquipmentNoNo
InventoryYesNo
Accounts ReceivableNoNo
PayrollNoNo
Operations
  • Franchise can be run from home
  • 25% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 1
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training & Support
TRAINING
  • Available at headquarters: 4 days

ONGOING SUPPORT
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

MARKETING SUPPORT
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#442 (2008);

Fastest-Growing Franchises:
#84 (2008);

Top New Ranking:
#39 (2008);

Last Updated: 8/25/2008 12:00:00 AM



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