Thursday
May132010
Fed USA Insurance/Financial Services Franchise
Thursday, May 13, 2010 at 01:39PM Insurance & financial services
Start-up Costs & Franchises Fees
What is the total cost to open a Fed USA Insurance/Financial Services Franchises?
Total Cost: $49,100-$71,100
Total Franchise Fees: $19,950
Ongoing Royalty Fees: $500/mo.
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $3K
Contact Information for Fed USA Insurance/Financial Services
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Fed USA Insurance/Financial Services |
Toll Free: (888)440-6875 |
Historical Expansion
In what year did Fed USA Insurance/Financial Services begin operations? 2000
When did Fed USA Insurance/Financial Services begin selling franchises? 2001
Year United States Canada International Corporate 2005 45 0 0 178 2004 42 0 0 24 2003 38 0 0 24 2002 19 0 0 22 2001 0 0 0 0
Future Expansion
United States: Florida,
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 Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): Franchise Finance & SBA
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
23% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 1 - 4
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 Ability to manage finances, must enjoy dealing with the public
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