What is the amount of the initial fee for a franchise and
royalty?
|
The initial Flicko's Video Workshop franchise fee is currently
$13,800.
Royalty is 5.5% of gross
receipts (or a minimum of $50 a week). |
| What
other investment is required? |
In addition to the franchise fee, there are other expected costs
of opening your own business.
|
Name
of Expenditure |
Actual
or Estimated Investment |
|
Initial
Franchise Fee |
$13,800 |
|
Real
Estate /
Rent Deposit |
$1,440 - 2,800 |
|
Utility
Deposits |
$0
- 500 |
|
Furniture,
Fixtures, and Equipment |
$300
- 1,500 |
|
Insurance |
$900
- 3,600 |
|
Training |
$2,250
- 3,750 |
|
Grand
Opening Advertising |
$3,000
- 6,000 |
|
Video
& Audio Equipment & Fixtures; Computers & Software; and
Signage |
$40,000 - 66,500 |
|
Leasehold
Improvements |
$0
- 2,500 |
|
Permits |
$100
- 200 |
|
Additional
Funds |
$10,000
- 18,000 |
|
Total
Investment |
$71,790 - 119,150 |
|
* A Flicko's Video Workshop
typically requires 900-1200 square feet of store floor. |
|
Where is cash flow derived
from? |
Flicko's generates cash flow from
all of the following:
-
Use of the equipment packages
in the stores
-
Professional services provided
-
Labor charged helping in-store
customers
-
Equipment rental
-
Sales of items
* The equipment
package provides nearly 200 different income opportunities! |
How much money can
I make?
How much money does your average franchise make?
What can I expect the return on investment to be?
When will I start making money?
At what point will this franchise break even? |
Each of these is a
very good question. In fact, these questions are so
important that the Federal Trade Commission addresses them with
several pages, sections and subsections of federal regulations,
guidelines, instructions and cautions. These questions
relate to what is called an "earnings claim."
Therefore, we do not estimate
results of any particular franchise as actual results vary from
unit to unit. We believe that the real answer to those
questions depends mostly upon you: your work ethic, how
efficient you are, how well you follow our system, factors like
that.
Our suggestion is that you come visit our facilities and see for
yourself how strong a business we have. |
| Does a Franchisee
have an exclusive territory? |
Yes. A
Franchisee will be awarded an exclusive territory. |
| What areas are
available? |
Flicko's currently
has many areas available, including major metropolitan areas. |
| What type of
training do Franchisees receive? |
Franchisees receive
up to 2 weeks of training. The comprehensive training covers all
material aspects of the operations of a Flicko's franchise,
including: administrative, operational, and sales and marketing. |
| When
is your next training class? |
Usually
franchise training is available the first two (2) weeks of each
month. |
| How
much video experience do I need to operate this business? |
None
is required. We train and coach you until you are
completely competent. |
| When
can I visit your corporate headquarters and store? |
We
will be happy to have you visit any day Monday through Saturday,
however, an appointment is necessary. Please call Flicko's
Director of Franchise Development, Chris Eaton or Doug Netherton, at 1-866-354-2567. |
