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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$56K - $77K
Units as of 2018
128 -14.7% over 3 years

Company Overview

About TapSnap

Industry
Services (Other)
Founded
2012
Leadership
Scott McInnes, CEO

Franchising Overview

Franchising Since
2012 (9 years)
# of employees at HQ
20
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
128 (as of 2018)

Franchisor Information

Corporate Address
102-930 W. 1st St.
North Vancouver, BC V7P 3N4

Information for Franchisees

Here’s what you need to know if you’re interested in opening a TapSnap 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
$17,500 - $30,000
Initial Investment
$56,284 - $77,384
Cash Requirement
$20,000
Veteran Incentives
10% off franchise fee
Royalty Fee
7%
Ad Royalty Fee
3%
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.

Third Party Financing
TapSnap has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

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

Classroom Training
25.5 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
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
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where TapSnap 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