American Prosperity Group (APG)

Retirement and estate planning, financial services
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$96K - $127K
Units as of 2017
15 Decrease 16% over 3 years

Company Overview

About American Prosperity Group (APG)

Industry Financial Services
Related Categories Miscellaneous Financial Services
Founded 1991
Leadership Mark Charnet, CEO
Corporate Address 901 Rte. 23 South, 2nd Fl.
Pompton Plains, NJ 07444-1038
Social Facebook

Business Overview

Franchising Since 2006 (18 years)
# of employees at HQ 3
# of Units 15 (as of 2017)

Information for Franchisees

Here's what you need to know if you're interested in opening a American Prosperity Group (APG) franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$50,000 - $58,000
Initial Investment Information Circle
$95,800 - $127,300
Net Worth Requirement Information Circle
$270,000
Cash Requirement Information Circle
$100,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
Varies
Ad Royalty Fee Information Circle
Varies
Term of Agreement Information Circle
15 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing American Prosperity Group (APG) has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training 40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022