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Entrepreneur: Start & Grow Your Business

College Assistance Plus LLC

College consulting services

Background

Founded: 2004 Franchising since: 2005
41 W. Main St., #5
Honeoye Falls, New york 14472
Phone:
(585)582-1846


Franchisor is a privately-held company with 6 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 16 0 0 4
2008 20 0 0 0
2007 13 0 0 0
2006 10 0 0 0
2005 0 0 0 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, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, Virginia, Vermont, West virginia, Wyoming

Exclusive territories not available.
Territory size: 10,000+ college students

Costs and Fees

Total investment: $22K-30K
Franchise fee: $20K
Ongoing royalty fee: 32%
Term of agreement: 5 years, renewable


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: $35K
Business Experience:
  • General business experience
  • Ability to present seminars

Operations
  • Franchise can be run from home
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Internet

Marketing Support
  • Ad slicks
  • Regional advertising

Other marketing support
  • PR

Rankings

Franchise 500® rank:
#494 (2009);