Discovery Map Franchise
Sunday, January 31, 2010 at 05:28PM Community map and local business advertisement
In communities across the United States, visitors and newcomers are becoming acquainted with local landmarks and businesses with the help of Discovery Maps. The company, which was founded in 1987, publishes brochures with one side featuring a full-color map of the community, highlighting major streets, points of interest and advertisers. The other side includes listings and display ads from advertisers. Advertisers pay to have their business listed in the Discovery Map, which is free to consumers.
Start-up Costs & Franchises Fees
What is the total cost to open a Discovery Map Franchises?
Total Cost: $40,300-$54,300
Total Franchise Fees: $20,000 USD -$30,000 USD
Ongoing Royalty Fees: 0
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 1/3 of franchise fee
Contact Information for Discovery Map
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Discovery Map International |
Phone Number: (360)588-0144 |
Discovery Map In the Press
No results at this time.Historical Expansion
In what year did Discovery Map begin operations? 1987
When did Discovery Map begin selling franchises? 1999
Year United States Canada International Corporate 2005 26 0 0 3 2004 17 0 0 4 2003 14 0 0 6 2002 11 0 0 9 2001 12 0 0 6
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No 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
Cooperative advertising, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.8% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
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