Friendly Computers Franchise
Sunday, January 31, 2010 at 01:54PM On-site computer services and sales
Originally started from a college apartment in 1992, Friendly Computers is now a franchise providing businesses and consumers with on-site computer repair and support. The company helps customers from beginning users setting up their first computer to large corporations installing networks and implementing e-commerce solutions.
Start-up Costs & Franchises Fees
What is the total cost to open a Friendly Computers Franchises?
Total Cost: $205,640-$465,056
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $2.5K
Contact Information for Friendly Computers
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Friendly Computers |
Phone Number: (702)458-2780 |
Friendly Computers In the Press
No results at this time.Historical Expansion
In what year did Friendly Computers begin operations? 1992
When did Friendly Computers begin selling franchises? 2000
Year United States Canada International Corporate 2007 73 0 0 0 2006 79 0 0 2 2005 58 0 0 3 2004 54 0 0 3 2003 25 0 0 2 2002 9 0 0 3 2001 3 0 0 1
Future Expansion
Countries of Interest:
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
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
Franchise Operation Restrictions
Retail Service Center. Home Based not available
Number of employees needed to run franchised unit: 2 - 4
Absentee ownership of franchise is allowed. (99% of current franchise business owners are owner/operators)
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
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