Page 156 - Entrepreneur - USA (January - February 2020)
P. 156

THE             FRANCHISE





           •  Executive search in hospitality
              and retail
           •  Recession resistant industry

           •  Total investment under $80,000
           •  Regional and multi-unit                                                                     LISTINGS
              opportunities available
           •  Ranked #27- Top 100 Franchises
              Under $100K
                                                                                                          KEY








                                                         FAST CASH FLOW

                                                         In business from day one!                        Year began/franchising since
                                                         No lease. No employees. No overhead.             This shows how long a company has been in
                                                                                                          business and how long it has been franchising.
                                                                                                          Both are good to know when you’re trying to
                                                                                                          decide whether you should go with an estab-
                                                                                                          lished system or a newer concept.

                                                                                                          Available U.S. regions and Seeking int’l.?
                                                                                                          Check out these columns if you want to know
                                 Contact us at 301-327-5059 x315                                          whether a franchise system is expanding in your
               or visit our website at patriceandassociatesfranchising.com                                area and whether a company requires franchi-
                                                                                                          sees to buy master licenses or multiple units.

                                                                                                          Number of franchises/Company-owned
                                                                                                          See a franchise company’s size and how
                                                                                                          quickly it’s growing. Here we list the numbers
                                                                                                          of franchises and company-owned
                                                                                                          units open and operating worldwide as
                                                                                                          of July 31, 2017, 2018, and 2019.

                                                                                                          Startup costs/Franchise fee
                                                                                                          Look here for the total investment to open
                                                                                                          a franchise (without financing). This figure
                                                                                                          can be impacted by real estate and construction
                                                                                                          costs, equipment, inventory, location, type
                                                                                                          of business, and other variables. Note:
                                                                                                          The startup costs include the initial franchise
                                                                                                          fee; however, for easy reference, the
                                                                                                          franchise fee is listed separately as well.

                                                                                                          Royalty fee
                                                                                                          Many franchisors require franchisees to pay an
                                                                                                          ongoing royalty fee. Specific fees are listed in
                                                                                                          this column, typically expressed as a percentage
                                                                                                          of monthly gross sales.

                                                                                                          Financing available?
                                                                                                          More than 85 percent of the franchisors in
                                                                                                          our listing offer in-house financing or have
                                                                                                          relationships with third-party financing sources
                                                                                                          to which they refer qualified franchisees.

                                                                                                          Home-based/Mobile opportunity
                                                                                                          Identifies franchises that can be run from home
                                                                                                          or from a mobile unit, with no retail store,
                                                                                                          outside office, or warehouse space required.

                                                                                                          Kiosk/Express unit available?
                                                                                                          Some franchises offer kiosk opportunities
                                                                                                          or smaller express units that typically
                                                                                                          cost less than full-size units.
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