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Entrepreneur: Start & Grow Your Business

Murphy Business & Financial Corp.

Business & franchise brokerage/commercial real estate

Background

Founded: 1994 Franchising since: 2006
513 N. Belcher Rd.
Clearwater, Florida 33765
Phone:
(727)725-7090


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 118 1 1 0
2008 96 0 0 0
2007 68 0 2 1
2006 31 0 0 1
2005 N/A N/A N/A 32

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
Outside the U.S.: Canada

Costs and Fees

Total investment: $61.6K-128.7K
Franchise fee: $35K-49K
Ongoing royalty fee: 10%
Term of agreement: Term of agreement not 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 Yes

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $50K

Operations
  • Franchise can be run from home
  • Absentee ownership of franchise is NOT allowed.