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Entrepreneur: Start & Grow Your Business

DataPreserve Franchise LLC

Remote data-protection solutions for small/midsize businesses

Background

Founded: 2002 Franchising since: 2005
15300 N. 90th St., #500
Scottsdale, Arizona 85260
Phone:
(480)422-1576


Franchisor is a privately-held company with 15 employee(s); 15 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 10 0 0 1
2006 5 0 0 1
2005 5 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 500,000 population

Costs and Fees

Total investment: $111.5K
Franchise fee: $65K
Term of agreement: 10 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: $300K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • Franchise can be run from home
  • 40% of all franchisees own more than one unit
  • Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4-1/2 days
  • At franchisee's location: 3 days

Ongoing Support
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

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