Talking Book World Franchise
Talking books
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.
Start-up Costs & Franchises Fees
What is the total cost to open a Talking Book World Franchises?
Total Cost: $150,000 USD -$225,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: 2%
Term of Agreement: 15 years +5
Contact Information for Talking Book World
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Talking Book World |
Phone Number: (800) 283-4694 |
Historical Expansion
In what year did Talking Book World begin operations? 1993
When did Talking Book World begin selling franchises? 1995
Year United States Canada International Corporate 2008 6 4 0 9
Future Expansion
United States: Nationwide
Canada: Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Training & Support
Training
Franchisee's Store 2 Weeks
Support
Field Operation Evaluation
Field Training
Initial Store Opening
Inventory Control
Franchisee In the Pressletter
Regional or National Meetings
800 Telephone Hotline
Franchise Operation Restrictions
Average Number of Employees: 1 Full-time, 2 Part-timePassive Ownership: Allowed, But Discouraged
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