Valpak Franchise
Sunday, January 31, 2010 at 03:07PM Local co-operative direct mail advertising
Terry Loebal founded Valpak Direct Marketing Systems Inc. in 1968. Based in Largo, Florida, the company started franchising in 1988 and has a network of field offices throughout the United States and internationally. Valpak has been a subsidiary of Cox Enterprises Inc. since 1991.
Valpak franchise business owners sell co-op advertising space in direct mail packets to local businesses. The company has co-branding relationships with In the Press America, Catalina Marketing, Yahoo! and others.
Start-up Costs & Franchises Fees
What is the total cost to open a Valpak Franchises?
Total Cost: $51,700-$84,300
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 0
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Valpak
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Valpak Direct Marketing Systems Inc. |
Toll Free: (800)237-6266 |
Valpak In the Press
No results at this time.Historical Expansion
In what year did Valpak begin operations? 1968
When did Valpak begin selling franchises? 1988
Year United States Canada International Corporate 2005 178 17 0 9 2004 177 19 0 6 2003 183 22 0 5 2002 190 26 5 1 2001 189 24 2 5
Future Expansion
Countries of Interest: Canada,
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 3rd Party Financing Available? Financing Source(s): GE Capital
Other Sources for Financing: Third-party territory fee financing
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.5% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 2
Absentee ownership of this franchise business is not available to new franchisees. (98% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales and management skills
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