TEAM Referral Network Franchise Corp.

At a Glance

Products & Services: Professional networking referral groups

Number of Locations: 5

Total Investment: $13.9K - $46K

Founded: 2002

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2014 4 0 0 1
2013 3 0 0 1
2012 3 0 0 1
2011 0 0 0 1
2010 N/A N/A N/A 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $13,850 - $46,000
Franchise Fee: $10,000 - $25,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $20,000
Liquid Cash Available: $10,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 40 hours. At franchisee's location: 40 hours.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,