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Entrepreneur: Start & Grow Your Business

Vehicle Tracking Solutions

GPS vehicle tracking systems

Background

Founded: 2002 Franchising since: 2007
10 E. 5th St.
Deer Park, New york 11729
Phone:
(631)586-7400


Franchisor is a privately-held company with 20 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 9 0 0 3
2008 6 0 0 4
2007 0 0 0 1
2006 N/A N/A N/A 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 1 million population

Costs and Fees

Total investment: $51.3K-57.7K
Franchise fee: $19.5K
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs Yes No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $60K
Cash liquidity requirement: $45K

Operations
  • Franchise can be run from home
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 2 days

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet

Marketing Support
  • Co-op advertising
  • Ad slicks