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Entrepreneur: Start & Grow Your Business

Adam & Eve Franchise Corp.

Adult-oriented products & lingerie

Background

Founded: 1969 Franchising since: 2004
302 Meadowland Dr.
Hillsborough, North carolina 27278
Phone:
(919)644--8100


Franchisor is a privately-held company with 350 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 33 0 0 0
2008 32 0 0 0
2007 24 0 0 0
2006 15 0 0 0
2005 11 0 0 3

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

Exclusive territories available.
Territory size: 200,000-250,000 population over 18

Costs and Fees

Total investment: $142.6K-360.7K
Franchise fee: $30K
Ongoing royalty fee: 5%
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: $220K
Cash liquidity requirement: $50K-100K
Business Experience:
  • Industry experience
  • General business experience
  • Merchandising experience a plus

Operations
  • 65%% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4 - 6
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

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

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising