Nevertheless, the rudiments of modern franchising date back to the Middle Ages when landowners made franchise-like agreements with tax collectors, who retained a percentage of the money they collected and turned the rest over. There was little growth in franchising, though, until the midth century, when it appeared in the United States for the first time. One of the first successful American franchising operations was started by an enterprising druggist named John S.
The sole purpose of the business at that time was to operate a full-service dry cleaning plant, with quality and customer service playing key roles in the plan of success.
This proved to be a successful formula as within two years the business grew into the 1 Expert Cleaning franchise location in the country. Ina second full-service plant was opened.
Expansion continued in as A. The contract gives A.
Ventures the right to further develop the market through franchise sales. Ventures the contract to develop satellite locations within Albuquerque metro area Felgen's Shop 'n Save stores.
These sites are excellent as they provide high foot traffic and visibility in one of the area's largest supermarket chains.
Expert Cleaning is dynamic, on-the-move, growing, and in position to become a market leader in retail dry cleaning the Albuquerque metro area within the next decade. Expansion Continues in Three years of networking with shopping center developers and real estate brokers is paying large dividends.
Expert Cleaning has been offered a lease at perhaps the most sought-after retail development to be built in Albuquerque this year. The demographics and trade area for this site are nothing short of spectacular.
The aforementioned location is scheduled to be opened in the second quarter of Furthermore, their son, Alan A. Arnold, joined the management of the company subsequent to graduation from the University of New Mexico in Over the past eight years, management has nurtured and expanded the business by focusing on high-quality dry cleaning and superior customer service.
Furthermore, management has created an enjoyable and challenging workplace for their employees, which has greatly assisted in minimizing employee turnover and training expenses. Currently, the company is training and nurturing several individuals for positions as managers and supervisors at the new location.
Brand Name Creates Advantages The company enjoys several sustainable advantages through the use of the Expert Cleaning brand name.
Within the past ten years, franchises have become dominant players in all types of retail industries. A well-known brand name, such as Expert Cleaning, creates a high level of trust among the public. This not only helps bring more customers into the store, but the company's outstanding reputation "opens doors" with shopping center and land developers.
Currently, the company is the only national dry cleaning franchise in New Mexico and is being considered for several sites based solely on the brand name and reputation of Expert Cleaning in New Mexico.
Capital Requirements Management is seeking debt financing to fund the company's expansion. It is important to note that a large portion of the funds needed will be used to purchase equipment. Consequently, financing can be secured with these assets.
The planned locations are scheduled to be built and opened in the 2nd quarter of From past experience, management realizes that construction delays are reasonably possible, thus slowing expansion and the timing for financing.
InAmerican Partners, Inc. APIa Nevada corporation and wholly-owned subsidiary of American Partners Cleaners a corporation organized under the laws of the United Kingdomacquired both divisions of the company.MATCO TOOLS Franchise Complaints: Have you had any dealings with MATCO Tools or the MATCO Tools franchise?
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2. Secure the location where you plan to set up the Master Siomai food cart.
Please note that: If the location is in a mall, an award notice or lease proposal must be submitted to Master . This business plan is for an expanding dry cleaning business.
The business has been franchised in numerous locations. The owners feel that there is room for even more expansion, as the plan indicates. This advertisement is not an offering. An offering can only be made by prospectus filed first with the Department of Law of the State of New York.
How to franchise your business. Not all businesses can be franchised.
Firstly you need to be running a successful business before you can even consider it for franchising; franchising should not be used as a testing ground for new business ideas. A different gym franchise is breaking the mold and changing lives. The Camp Transformation Center is a radically different type of fitness franchise.