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Wednesday
Jun022010

IKOR Franchise

Senior's service provider

IKOR® is different from other businesses that serve the needs of the elderly and the disabled. We are advocates, providing guidance, planning, oversight and implementation of plans designed to address our clients' important life issues -- whether medical, environmental, legal, or financial.

The IKOR® name is recognized as being a protective influence in our clients' lives, one that listens to and addresses their needs and places their well-being above all other factors.

With a focus to objectivity over subjectivity, and by placing your clients' needs above all other factors, you can help each client, as well as his or her family, trust that their goals are met appropriately and effectively.

What makes IKOR® different from other service providers is the fact that information and guidance are provided by a highly-skilled, single source, within a cost-conscious platform, and by a neutral party with whom both client and family members can feel comfortable.

When you join IKOR® as a franchise owner, you will provide greatly needed advocacy and oversight services to meet the needs of clients in your own protected territory. But it's about much more than owning a business -- it's about making an impact and creating a legacy. It's about having a passion and putting that passion to good use, by becoming a "voice" for the elderly and disabled

The IKOR® USA organization is dedicated to providing the start-up support and the ongoing assistance you need, in order to establish and operate an efficient and effective advocacy services business. the IKOR® experience, tools, and training are yours to use as you operate your business.

Start-up Costs & Franchises Fees

What is the total cost to open a IKOR Franchises?

Total Cost: $175,000 USD
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees: 2%
Term of Agreement: 10 years +5

Contact Information for IKOR

IKOR® USA Inc
415 McFarlan Road
Suite 200
Kennett Square, PA
19348

Phone Number: 610.444.1454
Toll Free: 877.IKORUSA
Fax Number: 610.444.9001

Franchise Homepage:

Historical Expansion

In what year did IKOR begin operations? 1991
When did IKOR begin selling franchises? 2008

Year United States Canada International Corporate
2008 0 0 0 1

Future Expansion

United States: Delaware, New Jersey, Pennsylvania

Training & Support

Training
Kennett Square, PA 2 Weeks
Support
Central Data Processing


Field Operation Evaluation


Field Training: At Additional Cost


Initial Store Opening


Inventory Control: At Additional Cost


Regional or National Meetings: At Additional Cost


800 Telephone Hotline

Franchise Operation Restrictions

Average Number of Employees: 5 Full-time, 5 Part-time

Passive Ownership: Allowed, But Discouraged

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
Please 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.