Hispanic Trends asks frequent contributors and franchise experts Rob Bond and C. Everett Wallace to identify which are the Top 25 Franchises of the prospective Hispanic franchisee.
By: Rob Bond and C. Everett Wallace
Within the last 15 years, through hard work and an overarching commitment to success, the American middle-class Hispanic community has steadily grown and prospered. In response to Hispanic citizens’ increasing interest in creating and maintaining wealth, the franchising community has become increasingly pro-active about recruiting and supporting Hispanic franchisees. A recent survey conducted by the National Minority Franchising Initiative showed that for many large, national franchisors, Hispanic franchisees already represent 15 percent or more of their total franchisees (for example, Pizza Patron [www.pizzapatron.com] has 27 percent Hispanic franchisees; Jani-King [ www.janiking.com ] has in excess of 25 percent; and Coverall [www.coverall.com] has 22 percent.)
One primary goal of the questionnaire was to determine what percentage of the franchisor’s key managers (i.e. those earning in excess of $60,000 per annum) are Hispanic. Again, we were pleasantly surprised to learn that many companies have a high percentage of Hispanic managers in key positions. Pizza Patron (www.pizzapatron.com) once again tops the list with 50 percent; Wing Zone (www.wingzone.com) and Wireless Zone (www.wirelesszone.com) are both at 20 percent; Famous Famiglia (www.famousfamiglia.com) and Merlin’s are at 17 percent; and giant Century 21 (www.century21.com) is at 6 percent. There could not be a clearer sign of progress and upward mobility.
Equally impressive is the level of manpower that many large franchisors are committing to the recruitment and support of minority franchisees. Several national brands stand out in this regard (Choice Hotels [www.choicehotelsfranchise.com], Cendant Hotels [www.cendant.com], Motel 6 [www.motel6.com], ServiceMaster Clean [www.ownafranchise.com], Express Personnel [www.expressfranchising.com], KFC and Taco Bell [www.yumfranchises.com] and Carvel [www.carvel.com]).
Producing a list with the Top 10, 25 or 100 of any category is a difficult task. Because there is no adverse consequence, picking the best movies, actresses or baseball players would be relatively easy. Picking the top franchise opportunities, however, is extremely difficult—especially with the foreknowledge that someone may naively take such a list and commit to an investment in excess of $200,000 without doing the proper due diligence.
There are numerous, critical variables that must be considered in their entirety before one decides which franchise is best for him or her. These include historical performance, brand identification, market dynamics, franchisee satisfaction, the level of initial training and on-going support, financial stability and various other key areas that must be fully explored. Although many would advise otherwise, my suggestion is that one should take at least four months to make the decision and that he or she should not be pressured (whether by franchisors, brokers, investors, or well-intentioned friends) into making that decision prematurely. There are severe penalties for making the wrong choice—at best, you have made a poor investment and you will be both unhappy and financially strapped; at worst, you have lost your self-worth, your investment in its entirety and maybe your spouse. The secret is to do your homework at the outset.
Also, keep in mind that a given franchise that might meet one person’s personal needs and strengths would most likely not be optimal for your needs and/or experience. Every decision is individual and has to be made in light of your personal strengths, weaknesses, long-term objectives and tolerance for risk. Keep in mind that there are about 2,800 franchise systems in North America, many brand new and many tried and true. Unless you have a great deal of business experience in a particular industry, my suggestion would be to stick with a company that has in excess of 40 or so operating units—these are the ones that have already learned from their mistakes and have the staff to properly support you as a new franchisee. You should also favor those firms that have already demonstrated their intentions and efforts to recruit minorities, especially Hispanics, into their company, whether as managers or as franchisees.
The companies listed as a Top 25 Franchise have each made a corporate commitment to recruit prospective franchisees from the Hispanic community over the past several years. This commitment is not motivated by altruism; it is based on sound economics. It is a fact of life that many of the growing numbers of Latino immigrants and Hispanic Americans have settled in areas that are currently underserved by the basic retail and service needs prevalent in most other communities. Given the large and growing buying power within these underserved markets, it is an undeniable reality that Hispanic franchisees are the best candidates to run franchises within these communities.
With the above caveats in mind, the companies noted below represent exceptional opportunities for prospective franchisees that are committed to properly training and supporting you once you become a franchisee.
Rob Bond and Everett Wallace are co-founders of the National Minority Franchising Initiative (www.minorityfranchising.com), an effort to increase the number of minorities in franchising. They can be reached at rob@worldfranchising.com and cwallace18@nc.rr.com, respectively. For additional franchise opportunities that are attempting to recruit minorities, please go to www.minorityfranchising.com.
Top 25 Franchises Listing
Captain D's Seafood
Captain D'S restaurants offer fresh, high-quality seafood in a fast, casual-service environment. A high percentage of their customer base is African-American and Hispanic. Captain D'S is the second largest seafood chain in America.
Franchisor Background:
Established: 1969
First Franchise: 1969
Franchise Units: 280
Company-Owned Units: 317
Total Units: 597
North American Distribution:
Operations in 25 States States/Provinces with Greatest Density: 102 in Georgia, 80 in Tennessee, 74 Alabama
Average Number of Employees:
3 to 5 full time, 20 part time
Financial Requirements:
Cash Investment: $200K
Total Investment: $1 to 1.2 million
Average Total Investment: $1.150K
Minimum Net Worth: $500K
Fees:
Franchise: $25K
Average Franchise Fee: $25K
Royalty: 4 percent
Advertising: Up to 5.25 percent
Carlson Hotels Worldwide
Carlson Hotels Worldwide ® is one of the world's major hotel companies, encompassing five brands operating in more than 69 countries. Their brands include: Regent International Hotels, Radisson Hotels & Resorts, Park Plaza Hotels & Resorts, Country Inns & Suites and Park Inn Hotels. Hotels range from luxury to limited service. They are committed to attracting minority ownership business opportunities.
Franchisor Background:
Established: 1938
Franchise Units: 925
Company-Owned Units: 11
Total Units: 936
North America Distribution:
Operations in 50 States
Financial Requirements:
Cash Investment: $1 to 20 million
Total Investment: $3 to 100 million
Average Total Investment: $2 million
Fees:
Franchise: $5K to 150K
Average Franchise Fee: $30K
Royalty: 4 to 5 percent
Advertising: 2 to 2.5 percent
Carvel Corporation
The nation’s first retail ice cream franchise, they are a leading manufacturer of uniquely shaped ice cream cakes, and a leading provider of premium soft serve and hand-dipped ice cream products. With products made fresh daily in the store, Carvel has more than 540 franchised and foodservice locations, as well as its famous ice cream cakes in over 8,400 supermarket outlets.
Franchisor Background:
Established: 1934
First Franchise: 1947
Franchise Units: 538
Company-Owned Units: 0
Total Units: 538
North American Distribution:
Operations in 25 States, 1 Province
States/Provinces with Greatest Density: 217 in New York, 52 in New Jersey, 29 in Connecticut
Average Number of Employees:
2 full time, 6 part time
Financial Requirements:
Cash Investment: $100K
Total Investment: $300K
Average Total Investment: $300K
Minimum Net Worth: $300K
Fees:
Franchise: $30K
Average Franchise Fee: $30K
Royalty: $1.82 per gallon
Advertising: $1.62 per gallon
Cendant
Franchisees looking for a hotel franchise to serve the growing business and leisure demand often turn to the Cendant’s portfolio of hotel brands. Cendant is one the world's largest hotel franchisors with more than 6,400 hotels, nearly 540,000 rooms and 5,200 lodging franchisees. Their brands cover a wide cross-section of lodging markets, ranging from mid-priced, to economy to extended stay facilities, catering to both business and pleasure travelers.
Franchisor Background:
Established: 1990
First Franchise: 1990
Franchise Units: 6588
Company-Owned Units: 0
Total Units: 6588
North American Distribution:
Operations in 50 States
States/Provinces with Greatest Density: 478 in California, 435 in Texas, 423 Florida
Average Number of Employees:
Varies
Financial Requirements:
Total Investment: $205K to $6.2 million
Average Total Investment: $320K
Fees:
Franchise: Varies
Average Franchise Fee: 0
Royalty: Varies
Advertising: Varies
Century 21 Real Estate
With more than 143,000 broker and sales associates worldwide, the Century 21® system is the world's largest residential real estate organization, providing comprehensive training, management, administrative and marketing support for its members.
Franchisor Background:
Established: 1972
First Franchise: 1972
Franchise Units: 7680
Company-Owned Units: 0
Total Units: 7680
North American Distribution:
Operations in 50 States and Washington, D.C.
States/Provinces with Greatest Density: 546 in California, 383 in Florida, 268 Texas
Average Number of Employees:
Varies
Financial Requirements:
Total Investment: $11.6K to 522.4K
Average Total Investment: $267K
Minimum Net Worth: $25K
Fees:
Average Franchise Fee: Under $1,000
Royalty: 6 percent
Advertising: 2 percent
Choice Hotels International
Choice Hotels is a leading hotel franchisor with more than 60 years experience in developing brands and services that optimize hotel performance. Their brands include Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Mainstay Suites, Econo Lodge and Rodeway Inn, and their new boutique brand extension, Clarion Collection. Franchisees can convert an existing location or build a new one.
Franchisor Background:
Established: 1941
First Franchise: 1962
Franchise Units: 5000
Company-Owned Units: 3
Total Units: 5003
North American Distribution:
Operations in 50 States and10 Provinces
States/Provinces with Greatest Density: 258 in Texas, 251 in California, 205 Florida
Average Number of Employees:
Varies
Financial Requirements:
Cash Investment: 20 to 30 percent of costs
Total Investment: $2 to 10 million
Average Total Investment: Under $1,000
Minimum Net Worth: Varies
Fees:
Franchise: $25 to 50K
Average Franchise Fee: $37K
Royalty: 2.75 to 5.1 percent
Advertising: 1.75 percent revenue
Comfort Keepers
Comfort Keepers is the service leader, with 97.3 percent client satisfaction providing non-medical, in-home care such as companionship, meal preparation, light housekeeping, grocery and clothing shopping, grooming and assistance with recreational activities for the elderly and those who need assistance in daily living.
Franchisor Background:
Established: 1999
First Franchise: 1999
Franchise Units: 530
Company-Owned Units: 0
Total Units: 530
North American Distribution:
Operations in 45 States, 3 Provinces
States/Provinces with Greatest Density: 50 in Florida, 39 in California, 37 in Ohio
Average Number of Employees:
2 full time, plus caregivers
Financial Requirements:
Cash Investment: $40K to 65K
Total Investment: $40K to 65K minimum
Average Total Investment: $52K
Minimum Net Worth: $75K
Fees:
Franchise: $23.2K
Average Franchise Fee: $23K
Royalty: 5/4/3 percent Desc.
Advertising: 0
Coverall Cleaning Concepts
Commercial cleaning franchise which includes comprehensive training, equipment, billing and collection services, and an initial customer base.
Franchisor Background:
Established: 1985
First Franchise: 1985
Franchise Units: 7085
Company-Owned Units: 0
Total Units: 7085
North American Distribution:
Operations in 32 States, 2 Provinces
States/Provinces with Greatest Density: 1,296 California, 1,054 Florida and 750 Ohio
Average Number of Employees:
1 to 2 full time, 2 to 3 part time
Financial Requirements:
Cash Investment: $1.5K to 25.2K
Total Investment: $6.2K to 36K
Average Total Investment: $21K
Minimum Net Worth: $1.5K
Fees:
Franchise: $6.2K to 32.2K
Average Franchise Fee: $19K
Royalty: 5 percent
Advertising: 0
Express Personnel Services
This sales-focused, business-to-business franchise helps people to find good jobs and employers to hire good people. An Express Personnel Services franchise has four profit centers in one franchise agreement. Express provides three weeks of start-up training and on-going online learning.
Franchisor Background:
Established: 1983
First Franchise: 1985
Franchise Units: 512
Company-Owned Units: 0
Total Units: 512
North American Distribution:
Operations in 47 States
States/Provinces with Greatest Density: 52 in Texas, 31 in Oklahoma, 23 in Washington
Average Number of Employees:
3 full time
Financial Requirements:
Cash Investment: $115 to 162K
Total Investment: $115 to 162K
Average Total Investment: $138K
Minimum Net Worth: $100K
Fees:
Franchise: $25K
Average Franchise Fee: $25K
Royalty: 8 to 9 percent
Advertising: 0.6 percent
Famous Famiglia
Award-winning national pizza brand with leading sales in the pizza segment. Operating nationwide, Famous Famiglia has earned several leading industry awards. Their current expansion plans include high-profile markets and locations, such as: leading airports, universities, travel plazas, etc.
Franchisor Background:
Established: 1986
First Franchise: 2002
Franchise Units: 36
Company-Owned Units: 23
Total Units: 59
North American Distribution:
Operations in 20 States
States/Provinces with Greatest Density: 20 in New York, 6 in Pennsylvania, 4 in Illinois
Average Number of Employees:
4 full time, 8 part time
Financial Requirements:
Cash Investment: $200K
Total Investment: $250K to 500K
Average Total Investment: $375K
Minimum Net Worth: $1 million
Fees:
Franchise: $35K
Average Franchise Fee: $35K
Royalty: 6 percent
Advertising: 1 percent
InterContinental Hotels Group
InterContinental Hotels Group is the world's global hotel company. Operates or franchises more than 3,500 hotels and 535,000 guest rooms in more than 100 countries. Their brands include Inter-Continental Hotels, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Candlewood Suites and Hotel Indigo.
Franchisor Background:
Established: 1952
First Franchise: 1952
Franchise Units: 3529
Company-Owned Units: 68
Total Units: 3597
North American Distribution:
Operations in 50 States
Average Number of Employees:
Varies
Financial Requirements:
Cash Investment: $1 to 20 million
Total Investment: Varies
Average Total Investment: Under $1,000
Minimum Net Worth: Varies
Fees:
Franchise: $50K minimum
Average Franchise Fee: $50K
Royalty: 5 to 6 percent
Advertising: 2.5 to 3 percent
Jani-King International
Jani-King is one of the world's largest commercial cleaning franchisor, with locations in 19 countries and over 110 regions in the U.S. and abroad. Their franchise opportunity includes initial customer contracts, training, continuous local support, administrative and accounting assistance, an equipment leasing program and national advertising.
Franchisor Background:
Established: 1969
First Franchise: 1974
Franchise Units: 11000
Company-Owned Units: 27
Total Units: 11027
North American Distribution:
Operations in 39 States, 7 Provinces
States/Provinces with Greatest Density: 880 in Texas, 737 in California, 307 Florida
Financial Requirements:
Cash Investment: $2.9 to 33K
Total Investment: $2.9 to 40K
Average Total Investment: $21K
Minimum Net Worth: $2.9 to 33K
Fees:
Franchise: $8 to 33K
Average Franchise Fee: $20K
Royalty: 10 percent
Advertising: 0 percent
KFC
World's largest quick-service restaurant with a chicken-dominant menu. KFC offers full-service restaurants and non-traditional express units for captive markets.
Franchisor Background:
Established: 1939
First Franchise: 1952
Franchise Units: 4277
Company-Owned Units: 1248
Total Units: 5525
North American Distribution:
Operations in 50 States and 10 Provinces
States/Provinces with Greatest Density: California, Texas and Illinois
Average Number of Employees:
2 full time, 22 part time
Financial Requirements:
Total Investment: $1.1 to 1.7 million
Average Total Investment: $1400K
Minimum Net Worth: $1 million
Fees:
Franchise: $25K
Average Franchise Fee: $25K
Royalty: 4 percent or $600 per month
Advertising: 5 percent
Liberty Tax Service
The fastest-growing international tax service ever. In nine years, Liberty Tax Service has grown to a size, which has taken other national tax franchises 15 years to realize.
Franchisor Background:
Established: 1996
First Franchise: 1997
Franchise Units: 2000
Company-Owned Units: 22
Total Units: 2022
North American Distribution:
Operations in 50 States.
Average Number of Employees:
4 to 6 full time and 2 part time
Financial Requirements:
Cash Investment: $30K
Total Investment: $41.8K to 52.4K
Average Total Investment: $48K
Minimum Net Worth: $28K
Fees:
Franchise: $30K
Average Franchise Fee: $30K
Royalty: Varies
Advertising: 5 percent
Merlin's Franchising
This upscale automotive service chain has one of the highest average sales per shop statistics in the industry. Merlin specializes in brakes, exhaust, suspension, oil/lubrication, air conditioning, tires and related services. Candidates must have significant management and sales/customer service experience. Automotive experience is helpful. Special equity assistance is available to candidates with significant auto experience.
Franchisor Background:
Established: 1975
First Franchise: 1975
Franchise Units: 66
Company-Owned Units: 4
Total Units: 70
North American Distribution:
Operations in 6 States
States/Provinces with Greatest Density: 50 in Illinois, 7 in Texas, 5 in Georgia
Average Number of Employees:
3 to 4 full time, 1 part time
Financial Requirements:
Cash Investment: $20 to 50K
Total Investment: $185 to 210K
Average Total Investment: $197K
Minimum Net Worth: $75K
Fees:
Franchise: $26 to 30K
Average Franchise Fee: $28K
Royalty: 4.9 to 6.9 percent
Advertising: 5 percent
Money Mailer
One of America's leading direct mail advertising companies with over 300 franchises in the U.S. and Canada. Over its 27-year history, the company has been at the forefront of introducing innovative direct mail advertising products and programs to the marketplace.
Franchisor Background:
Established: 1979
First Franchise: 1980
Franchise Units: 301
Company-Owned Units: 20
Total Units: 321
North America Distribution:
Operations in 25 States
States/Provinces with Greatest Density: 44 in California, 25 in Illinois, 21 in New Jersey
Average Number of Employees:
1 full time
Financial Requirements:
Cash Investment: $53.5 to 81.5K
Total Investment: $53.5 to 81.5K
Average Total Investment: $67K
Minimum Net Worth: Varies
Fees:
Franchise: $37.5 to 52.5K
Average Franchise Fee: $37K
Royalty: $1,400 to 1,600 per month
Advertising: $930 per year
Meineke Car Care Centers
Meineke has been offering superior automotive repair services at discount prices for over 30 years. The nationally-recognized brand with a proven system offers brand recognition, comprehensive training and on-going technical and operational support to their franchisees.
Franchisor Background:
Established: 1972
First Franchise: 1973
Franchise Units: 873
Company-Owned Units: 2
Total Units: 875
North American Distribution:
Operations in 49 States, 5 Provinces
States/Provinces with Greatest Density: 69 in New York, 57 in Pennsylvania, 56 in Texas
Average Number of Employees:
4 full time
Financial Requirements:
Cash Investment: $60K
Total Investment: $190 to 352K
Average Total Investment: $271K
Minimum Net Worth: $150K
Fees:
Franchise: $30K
Average Franchise Fee: $30K
Royalty: 3 to 7 percent
Advertising: 8 percent
Motel 6
With 4,000 hotels worldwide, Accor is the industry leader. Of Accor's 1,200-plus North American properties, 280 are franchised. An integral part of our strategy will include franchise relationships with a diverse mix of entrepreneurs that share the Accor spirit of quality, fairness and respect. We received the AAFD Fair Franchising Seal of Approval. Motel 6 has a quality product, proven operational results and is easy to operate. Many open markets are available. Motel 6 is a well-established brand.
Franchisor Background:
Established: 1962
First Franchise: 1996
Franchise Units: 159
Company-Owned Units: 684
Total Units: 843
North American Distribution:
Operations in 48 States
States/Provinces with Greatest Density: 171 in California, 120 in Texas, 47 Arizona
Average Number of Employees:
2 to 4 full time, 4 to 10 part
Financial Requirements:
Cash Investment: $100 to 500K
Total Investment: $1.9 to 2.3MM
Average Total Investment: $2100K
Minimum Net Worth: $1.5 million
Fees:
Franchise: $25K
Average Franchise Fee: $25K
Royalty: 4 percent
Advertising: 3.5 percent
Papa John's International
Papa John's International, headquartered in Louisville, Kentucky, is the world's third-largest pizza company, owning and franchising approximately, 3,000 restaurants in 49 states and 22 countries.
Franchisor Background:
Established: 1985
First Franchise: 1986
Franchise Units: 2422
Company-Owned Units: 504
Total Units: 2926
North American Distribution:
Operations in 49 States
States/Provinces with Greatest Density: 239 in Florida, 207 in Texas, 173 California
Average Number of Employees:
8 full time, 18 part time
Financial Requirements:
Cash Investment: $160 to 395K
Total Investment: $160 to 395K
Average Total Investment: $277K
Minimum Net Worth: $250K to $2 million
Fees:
Franchise: $25K
Average Franchise Fee: $25K
Royalty: 4 percent net sales
Advertising: 7.5 percent
Pizza Patron
Pizza Patron is leading the industry by developing their brand exclusively in Latino communities. Founded in 1986, Pizza Patron has a proven business model with a strong and fully-developed brand identity. The stores feature a vivid color palette and resonate with festive Latin influence. Locations are community based and the food is offered at an unparalleled value.
Franchisor Background:
Established: 1986
First Franchise: 2003
Franchise Units: 50
Company-Owned Units: 5
Total Units: 55
North American Distribution:
Operations in five States
States/Provinces with Greatest Density: 43 in Texas, 8 in Arizona, 2 in California
Average Number of Employees:
5 full time, 3 part time
Financial Requirements:
Cash Investment: $35 to 50K
Total Investment: $125.3 to 182.6K
Average Total Investment: $154K
Minimum Net Worth: $150K
Fees:
Franchise: $20K
Average Franchise Fee: $20K
Royalty: 5 percent
Advertising: 2 percent
PostNet
PostNet franchise opportunity offers a proven method of marketing products and services, which consumers and businesses need on a daily basis. PostNet’s domestic and international franchisees have the opportunity to tap into the world market, offering personal and business services including UPS, DHL, FedEx, shipping, black-and-white and color copy services, private mail boxes, fax and printing.
Franchisor Background:
Established: 1992
First Franchise: 1993
Franchise Units: 900
Company-Owned Units: 0
Total Units: 900
North American Distribution:
Operations in 39 States, 2 Provinces
States/Provinces with Greatest Density: 89 in California, 54 in Texas, 31 in Florida
Average Number of Employees:
2 full time, 1 part time
Financial Requirements:
Cash Investment: $50K
Total Investment: $174.3 to 195.8K
Average Total Investment: $180K
Minimum Net Worth: $300K
Fees:
Franchise: $29.9K
Average Franchise Fee: $29K
Royalty: 5 percent
Advertising: 2 percent
ServiceMaster Clean
With over 52 years of franchising experience and over 4,000 franchises, ServiceMaster Clean continues to grow each year and offers five different franchise licenses: a residential services license, which costs $16,900; commercial services, which costs $18,900; disaster restoration services, which runs $43,000; janitorial services, which costs $29,000; and small market services for $25,000. Financial assistance is offered.
Franchisor Background:
Established: 1947
First Franchise: 1952
Franchise Units: 4488
Company-Owned Units: 0
Total Units: 4488
North American Distribution:
Operations in 50 States, 10 Provinces
States/Provinces with Greatest Density: 200 in Illinois, 155 in California, 139 Ohio
Average Number of Employees:
3 full time, 2 part time
Financial Requirements:
Cash Investment: $12K
Total Investment: $18.8 to 100K
Average Total Investment: $60K
Minimum Net Worth: $50K
Fees:
Franchise: $16.9 to 43K
Average Franchise Fee: $30K
Royalty: 4 to 10 percent
Advertising: 0.5 to 1 percent
Wing Zone
Delivery and take-out of 25 flavors of fresh, cooked-to-order Buffalo wings as well as chicken fingers, grilled or fried chicken sandwiches, half-pound burgers, salads, sides, appetizers and desserts.
Franchisor Background:
Established: 1991
First Franchise: 1999
Franchise Units: 111
Company-Owned Units: 2
Total Units: 113
North American Distribution:
Operations in 24 States
States/Provinces with Greatest Density: 10 in Louisiana, 10 in North Carolina, 9 in Florida
Average Number of Employees:
5 full time, 10 part time
Financial Requirements:
Cash Investment: $60 to 75K
Total Investment: $176 to 249K
Average Total Investment: $212K
Minimum Net Worth: $200K
Fees:
Franchise: $25K
Average Franchise Fee: $25K
Royalty: 5 percent
Advertising: 0.5 percent
Wireless Zone
Wireless Zone stores are primarily retail, with strong emphasis on local ownership, networking and community involvement. Franchise provides local field support staff, centralized advertising and purchasing, initial and on-going training and strong commissions and residual income from Verizon Wireless phones, service, accessories, wireless email, etc.
Franchisor Background:
Established: 1988
First Franchise: 1989
Franchise Units: 258
Company-Owned Units: 0
Total Units: 258
North American Distribution:
Operations in 15 States
States/Provinces with Greatest Density: 33 in Connecticut, 33 in New York, 29 in New Jersey
Average Number of Employees:
2 full time, 1 part time
Financial Requirements:
Cash Investment: $40 to 50K
Total Investment: $60 to 80K
Average Total Investment: $70K
Fees:
Franchise: $8.5 to 25K
Average Franchise Fee: $16K
Royalty: 10 percent
Advertising: $0
WSI Consulting & Education
WSI Internet business is proud to have been rated in the Top 100 Franchises by Entrepreneur Magazine. Be a part of this successful franchise and profit from the Internet. The WSI Formula is simple: Successful Franchise Owners + Successful Clients = Successful Franchise Opportunity. No specific business experience is required. Comprehensive training provided.
Franchisor Background:
Franchise Units: 1984
Company-Owned Units: 2
Total Units: 1986
Average Number of Employees:
1 to 2 full time
Financial Requirements:
Cash Investment: $49.7K+
Total Investment: $49.7K+
Average Total Investment: $49K
Fees:
Franchise: $49.7K
Average Franchise Fee: $49K
Royalty: 10 percent
