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Sunbelt

Business brokerage

Background

Founded: 1979 Franchising since: 1993
Sunbelt Business Brokers was founded in 1979 in Charleston, South Carolina. It began franchising in 1993 and has more than 180 franchises throughout the United States and internationally. The company is still based in Charleston.
7100 E. Pleasant Valley Rd., #300
Independence, Ohio 44131
Phone:
(877)392-6278


Franchisor has 40 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 224 28 66 0
2007 244 15 66 0
2006 241 14 40 0
2005 365 11 29 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 100,000/500,000 population

Costs and Fees

Total investment: $48.7K-111K
Franchise fee: $27.5K/35K
Ongoing royalty fee: $525-725/mo.
Term of agreement: 10 years, renewable


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

Third-party financing source(s): various lenders

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $25K
Business Experience:
  • General business experience

Operations
  • 18% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • Regional training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Other marketing support
  • Centralized PR services

Rankings

Franchise 500® rank:
#367 (2008); #472 (2007); #436 (2006); #129 (2005);

Low-Cost Franchises:
#88 (2008);

America's Top Global Franchises:
#160 (2008); #102 (2005);


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