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Thursday
May272010

ProSpection Franchise

Start-up Costs & Franchises Fees

What is the total cost to open a ProSpection Franchises?

Total Cost: $15,800-$38,100
Total Franchise Fees: $6,000 USD -$12,000 USD
Ongoing Royalty Fees: Varies
Ongoing Advertising Fees: Not Available
Term of Agreement: 7 years

Contact Information for ProSpection

ProSpection LLC
7100 E. Pleasant Valley Rd., #260
Independence, OH
44131

Phone Number: (877)392-6278
Toll Free: (877)392-6278
Fax Number: (216)674-0650

Franchise Homepage:

ProSpection In the Press

No results at this time.

Historical Expansion

In what year did ProSpection begin operations? 2003
When did ProSpection begin selling franchises? 2003

Year United States Canada International Corporate
2006 15 0 0 0
2005 17 0 0 0
2004 2 0 0 0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

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
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