Countrywide Gold Buyers Franchising LLC
Purchasing & recycling of precious metals & diamonds- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$43K - $76K
- Unit data is unavailable
-
N/A
Company Overview
About Countrywide Gold Buyers Franchising LLC
- Industry
- Services (Other)
- Related Categories
- Miscellaneous Services
- Founded
- 2008
- Leadership
- Edwin Carrion, Founder
- Corporate Address
-
800 Oaklawn Ave., #A1
Cranston, RI 02920
Business Overview
- Franchising Since
- 2012 (11 years)
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Countrywide Gold Buyers Franchising LLC 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
- $29,900
- Initial Investment
- $42,500 - $76,050
- Net Worth Requirement
- $80,000
- Cash Requirement
- $42,500 - $76,050
- Veteran Incentives
- 15% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Countrywide Gold Buyers Franchising LLC offers in-house financing to cover the following: inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 4 days
- Ongoing Support
-
Purchasing Co-opsMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
- Marketing Support
-
National Media
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
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