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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$39K - $51K
Units as of 2020
32 60.0% over 3 years

Company Overview

About Succentrix Business Advisors

Founded
2014
Leadership
Alan Padgett, President

Franchising Overview

Franchising Since
2015 (6 years)
# of employees at HQ
8
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
32 (as of 2020)

Franchisor Information

Corporate Address
1 Huntington Rd., #702
Athens, GA 30606

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Succentrix Business Advisors 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
$24,900
Initial Investment
$39,100 - $50,700
Net Worth Requirement
$50,000 - $100,000
Cash Requirement
$25,000 - $50,000
Veteran Incentives
$911 off franchise fee
Royalty Fee
7%
Term of Agreement
15 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
Succentrix Business Advisors offers in-house financing to cover the following: franchise fee
Third Party Financing
Succentrix Business Advisors has relationships with third-party sources which offer financing to cover the following: franchise fee

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
Additional Training
As needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
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 Succentrix Business Advisors landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Succentrix Business Advisors ranked on other franchise lists? Find out below.

Ranked #80

Top New Franchises

Ranked #95

Top Franchises for Less Than $50,000

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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