Express Mart Franchise
Tuesday, April 27, 2010 at 12:21AM Convenience store
Express Mart, founded in 1975 by Frank Borer, has locations in strip malls and gas stations across the northeastern United States. The company is involved in co-branding partnerships with McDonald's, Wendy's, Domino's Pizza, Subway and Dunkin' Donuts, as well as local partnerships with Jreck Subs and Mark's Pizza.
Start-up Costs & Franchises Fees
What is the total cost to open a Express Mart Franchises?
Total Cost: $86,200-$361,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Express Mart
|
Express Mart Franchising Corp. |
Phone Number: (315)446-0125 |
Express Mart In the Press
No results at this time.Historical Expansion
In what year did Express Mart begin operations? 1975
When did Express Mart begin selling franchises? 1990
Year United States Canada International Corporate 2004 14 0 0 47 2003 17 0 0 49 2002 19 0 0 50 2001 21 0 0 45 2000 20 0 0 46
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 Yes Payroll No Yes
Training & Support
Training
Available at headquarters
Support
Meetings, Grand opening support, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
Absentee ownership of franchise is allowed. (33% of current franchise business owners are owner/operators)
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