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Promoted Opportunities

Initial Investment

LOW: $135,000
HIGH: $250,000

Change in Units

+50.0% +0 UNITS (1 Year)
+50.0% +0 UNITS (3 Years)

Company Profile

Founded

2003

Franchising Since

2016 (1 Years)

Corporate Address

2525 Arapahoe Ave., #E-25 Boulder, CO 80302

CEO

Gwen Scherer

Parent Company

MemoryWise LLC

Financials

Financial Requirements

Initial Investment

$135,000 - $250,000

Net-worth Requirement

$400,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$40,000 - $40,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 19 days

Training at headquarters: 17 days

Additional Training: At existing location, 120 hours; Online home-study, 40 hours; Remote one-on-one training, 32 hours

Ongoing Support
Newsletter
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks
Regional Media

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 26th, 2017

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