Complete Music Franchise
Wednesday, April 28, 2010 at 01:43AM Disc jockey service for weddings, parties and other events
Bands used to be the only option for wedding entertainment. That began changing in the mid-1970s, about the time Gerald Maas founded Complete Music in Omaha, Nebraska. From his first performance at his sister's wedding reception, Maas has seen his company expand into a nationwide operation.
Start-up Costs & Franchises Fees
What is the total cost to open a Complete Music Franchises?
Total Cost: $19,800-$33,000 USD
Total Franchise Fees: $12,000 USD -$20,000 USD
Ongoing Royalty Fees: 6.5-8%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Complete Music
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Complete Music |
Phone Number: (402)339-0001 |
Historical Expansion
In what year did Complete Music begin operations? 1974
When did Complete Music begin selling franchises? 1983
Year United States Canada International Corporate 2005 161 2 0 1 2004 159 2 0 1 2003 159 2 0 1 2002 155 2 0 1 2001 148 4 0 1
Future Expansion
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No No Plant, Property, and Equipment Yes No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.40% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 3 - 50
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business 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