Multivista

At a Glance

Products & Services: Photo, video and webcam services to the construction industry

Number of Locations: 48

Total Investment: $95K - $534K

Founded: 2003

Began Franchising: 2007

About Multivista

Multivista was founded by Luis Pascual and Graham Twigg, who combined their respective experience in construction and technology to create an online, cloud-based way for construction professionals to monitor and document building projects. Multivista franchisees offer webcam feeds, and photo and video documentation of construction projects, available to clients online at any time.

Franchise Units

Year U.S. Canadian International Company Owned
2014 35 5 1 7
2013 33 5 0 7
2012 35 5 0 2
2011 31 5 0 4
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $95,000 - $534,000
Franchise Fee: $20,000 - $142,500
Ongoing Royalty Fee: 18%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $100,000 - $500,000
Operations
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (90% 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: 5 days. At franchisee's location: up to 2 days. Online self-study with corporate trainer assistance : 36 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, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #326 (2013),