What is the franchise fee?
How long is a franchise agreement?
What is net worth?
How much did Krispy Kreme raise?
Do franchisors have in-house financing?
About this website
Is Pro image a franchise?
Franchise Description: The franchisor is Pro Image Franchise, L.C. The franchisor licenses and trains others to operate a Pro Image Sports business. Pro Image Sports retail stores feature sports-related licensed products and sportswear with professional and collegiate sport emphasis.
Who owns Pro Image?
Pro Image Sports franchise owner Randy Benipal got into the sports business on accident. His journey from India to the USA; and from gas stations to the sports wholesale business is as real-life an example of achieving the American Dream.
How much do franchise fees cost?
Franchise fees are typically between $25,000 to $50,000 on average. 2) Startup Costs: These are the expenses you'll incur to get your new business open and operating. Initial investment costs vary widely from franchise to franchise.
How many stores does pro image have?
Over 100 locations in malls across the U.S.
How do franchise owners get paid?
How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.
Is franchise fee monthly or yearly?
Franchise royalties are usually collected by your franchisor on a monthly basis. Like marketing fees, these fees are based on a percentage of your revenue. But there's one major difference; the percentages are higher.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What is the McDonald's franchise fee?
$45,000McDonald's Franchise Cost / Initial Investment / Income Most McDonald's owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.
What does a KFC franchise cost?
For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.
How much does it cost to franchise a McDonald's?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
How is franchise fee calculated?
An alternative method to calculating franchise fees is to set a percentage of the income, or gross revenue, of the franchise. The franchisee can pay this amount on a weekly or monthly basis. For example, 5% of the franchisee's gross revenue each month. The franchise agreement should specify this percentage.
What is Pro Image Sports?
Pro Image Sports is a great option for entrepreneurs looking for a low-risk, growth business with a relatively low investment and royalty requirements. Here are some of the key reasons why you should join the Pro Image Sports team.
What is a background check for Pro Image Sports?
Once you have completed the Pro Image Sports qualification report, a financial background check will be performed to verify you are financially qualified to successfully operate a Pro Image Sports franchise. Pro Image Sports will also complete a personal background check to verify that you possess the experience and qualifications necessary to own and manage a Pro Image Sports store.
What is a service representative after a store launch?
After your store launch, a service representative will be in constant communication assisting you in writing product refills, and any other areas of ongoing training.
Is Pro Image Sports a family?
Once you are part of the team you are family. The Pro Image Sports family. Our owners communicate best practices and products on a regular basis. It is a huge advantage to be able to learn from owners in or outside your market on what items are selling, or how to staff for the holidays.
About Pro Image
Pro Image stores represent the only independent, officially licensed sports apparel and novelty franchise outlets on the globe.
Franchise History
Pro Image began in June of 1985 in Salt Lake City, Utah with the opening of a licensed sports apparel and accessories kiosk. This marked the beginning of a long and prosperous franchise venture.
Available Franchise Opportunities
While Pro Image is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is net worth?
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
How much did Krispy Kreme raise?
Donut chain Krispy Kreme expects to raise between $ 560 million and $ 650 million in its Initial Public Offering (IPO) and you can purchase shares of the company when they are listed on the Nasdaq index.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is net worth?
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
How much did Krispy Kreme raise?
Donut chain Krispy Kreme expects to raise between $ 560 million and $ 650 million in its Initial Public Offering (IPO) and you can purchase shares of the company when they are listed on the Nasdaq index.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
