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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$88K - $124K
Units as of 2020
2 100.0% over 3 years

Company Overview

About Nexterus Franchising

Founded
1946
Leadership
Ryan Polakoff, President

Franchising Overview

Franchising Since
2018 (3 years)
# of employees at HQ
60
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
2 (as of 2020)

Franchisor Information

Corporate Address
802 Far Hills Dr.
New Freedom, PA 17349

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Nexterus Franchising 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
$45,000 - $60,000
Initial Investment
$87,800 - $124,300
Net Worth Requirement
$200,000 - $250,000
Cash Requirement
$80,000 - $100,000
Veteran Incentives
20% off franchise fee
Royalty Fee
3%
Ad Royalty Fee
$100/mo.
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
Nexterus Franchising offers in-house financing to cover the following: startup costs

Training & Support Offered

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

On-The-Job Training
As needed
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Nexterus Franchising landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021