FD & MG Franchise Company Inc.
Franchise consultingBackground
Founded: 2003 Franchising since: 2007
Franchisor is a privately-held company with 6 employee(s); 6 employee(s) in franchise department.
Franchise Growth
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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.:
Exclusive territories available.
Territory size: By state
|
949 E. Pioneer Rd., #B-2 Draper, Utah 84020 |
Phone: (801)352-1400 |
Franchisor is a privately-held company with 6 employee(s); 6 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 2 | 1 | 0 | 1 |
| 2008 | -- | -- | -- | -- |
| 2007 | 1 | 0 | 0 | 1 |
| 2006 | N/A | N/A | N/A | 0 |
| 2005 | N/A | N/A | N/A | 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.:
Exclusive territories available.
Territory size: By state
Costs and Fees
|
Total investment: $120.5K-152.1K Franchise fee: $75K |
Ongoing royalty fee: 6% Term of agreement: 7 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $50K
Business Experience:
- Industry experience
- General business experience
- Marketing skills
Operations
- Number of employees needed to run franchised unit: 2 - 3
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 2 weeks
Ongoing Support
- Newsletter
- Meetings
- Grand opening
- Internet
Marketing Support
- Co-op advertising