Countrywide Gold Buyers Franchising LLC

At a Glance

Products & Services: Purchasing & recycling of precious metals & diamonds

Number of Locations: 17

Total Investment: $42.5K - $76.1K

Founded: 2008

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2012 2 0 0 15
2011 N/A N/A N/A 15
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $42,500 - $76,050
Franchise Fee: $29,900
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $80,000
Liquid Cash Available: $42,500 - $76,050
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Accounts Receivable

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 days.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: National media,