Rescuecom Franchise
Wednesday, May 12, 2010 at 11:36PM Computer repair services
David A. Milman founded his first computer repair business in 1985. As his company grew, Milman saw how difficult it was to hire and retain employees to run his offices nationwide and realized franchising would be the best way to expand. In 1997, Milman formed Rescuecom Corp. to franchise his computer service system.
Rescuecom franchise business owners offer on-site computer repair, maintenance and installation.
Start-up Costs & Franchises Fees
What is the total cost to open a Rescuecom Franchises?
Total Cost: $14,000 USD -$95,000 USD
Total Franchise Fees: $2,500-$28,900
Ongoing Royalty Fees: 9-24%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: 50% of current fee
Contact Information for Rescuecom
|
Rescuecom |
Toll Free: (800)737-2837 |
Rescuecom In the Press
No results at this time.Historical Expansion
In what year did Rescuecom begin operations? 1997
When did Rescuecom begin selling franchises? 1998
Year United States Canada International Corporate 2005 80 0 0 0 2004 80 0 0 0 2003 51 0 0 0 2002 32 0 0 7 2001 6 0 0 5
Future Expansion
Countries of Interest:
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
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.0% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 1 - 3
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry 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