MemoryWise
Digitization services

About
Founded

2003

Franchising Since

2016 (2 Years)

Corporate Address

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

CEO

Gwen Scherer

Parent Company

MemoryWise LLC

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

Support Options
Ongoing Support

Newsletter

Toll-Free Line

Grand Opening

Online Support

Field Operations

Marketing Support

Ad Templates

Regional Advertising

On-The-Job Training:

19 days

Classroom Training:

17 days

Additional Training:

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

Number of Employees Required to Run:

2

Cost
Initial Investment: Low - $135,000 High - $250,000
Units
+100.0%+2 UNITS (1 Year) +100.0%+2 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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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