CD Warehouse Franchise
Monday, April 26, 2010 at 02:57PM Retailer specializing in buying, selling and trading used compact discs
Mark Kane began selling compact discs at a Texas flea market in 1992. The $3,000 USD he made that first weekend inspired Kane to expand his concept into the CD Warehouse retail chain.
From that initial flea market booth, the company has opened locations throughout the U.S. as well as in Canada, England, France, Guatemala and Venezuela.
Start-up Costs & Franchises Fees
What is the total cost to open a CD Warehouse Franchises?
Total Cost: $127,100-$164,300
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 4-5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for CD Warehouse
|
CD Warehouse Inc. |
Phone Number: (405)236-8742 |
CD Warehouse In the Press
No results at this time.Historical Expansion
In what year did CD Warehouse begin operations? 1992
When did CD Warehouse begin selling franchises? 1992
Year United States Canada International Corporate 2005 159 3 11 27 2004 0 0 0 0 2003 157 4 13 30 2002 190 7 5 62 2001 218 8 12 65
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Field support and site evaluation
Marketing
Ad slicks
Franchise Operation Restrictions
50% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 1 - 4
Absentee ownership of franchise is allowed. (60% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes