Thursday
May132010
Inner Circle Franchise
Thursday, May 13, 2010 at 05:19PM Peer advisory groups for business owners
Start-up Costs & Franchises Fees
What is the total cost to open a Inner Circle Franchises?
Total Cost: $67,000 USD -$84,000 USD
Total Franchise Fees: $56,000 USD
Ongoing Royalty Fees: 15%
Ongoing Advertising Fees:
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: Then current fee
Contact Information for Inner Circle
|
Inner Circle International Ltd. |
Phone Number: (952)933-6629 |
Inner Circle In the Press
No results at this time.Historical Expansion
In what year did Inner Circle begin operations? 1985
When did Inner Circle begin selling franchises? 1997
Year United States Canada International Corporate 2005 6 0 0 1 2004 0 0 0 0 2003 5 0 0 0 2002 6 0 0 1 2001 5 0 0 1
Future Expansion
Countries of Interest: Canada, Western Europe,
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 No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
Annual symposium & monthly conference calls
Support
In the Pressletter, Meetings, Internet
Marketing
National media
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
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
Jason Rager | Comments Off | 



