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Units as of 2015
17 Previous years N/A
325.0%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$269K - $381K

Company Overview

About The Ten Spot

Founded
2006
Leadership
Kristen Wood, CEO

Franchising Overview

Franchising Since
2011 (10 years)
# of employees at HQ
7
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
17 (as of 2015)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
171 E. Liberty St., #279
Toronto, ON M6K 3P6

Information for Franchisees

Here’s what you need to know if you’re interested in opening a The Ten Spot 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
$32,000
Initial Investment
$268,950 - $381,250
Net Worth Requirement
$175,000 - $395,000
Cash Requirement
$100,000
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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
10 days
Classroom Training
2-3 days
Additional Training
Online training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
National Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
6
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where The Ten Spot 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
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