First Prize Franchise

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Another brandEXPANSION Project

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First Prize Franchise is the world's leading franchise opportunity and small business resource. It is the proven winner with entrepreneurs requesting a direct source of franchise opportunities, businesses for sale and business opportunity information.

10 ’til 2

10til2.jpg10 til 2 is the nation’s first staffing firm focusing on providing business with highly qualified, college-educated, part-time professionals while providing our employees with a balance of work and family roles. 10 til 2 franchisees have a passion for helping people optimize their skills and college education while realizing quality work/life balance.

Background

Year Established: 2003
Year First Franchised: 2006
Franchised Units: 19
Company Owned Units: 2
Projected New Units (12 months): 12
States/Countries Registered In: All except California
Availability in Canada: Masters / Area Developer – open to either
States, from which Broker Referrals are being accepted: All except California

Financial/Terms

Cash Investment: liquid: $50,000 – Average cost to open is $55,000
Total Investment: approx $55,000
Minimum Net Worth: $250,000
Franchise Fee: $30,000
Discounts: VetFran, Women, Minorities? VetFran 10% discount of franchise fee
VetFran Program Participant: Yes
Royalty: 5% with Minimum Royalty Schedule after 12 months.
Service Fee: 5% currently –this fee provides all payroll cash float and accounting services
Ad: .50 % to 4% (Scale)
Average # of Employees: N/A
Passive Ownership Allowed: Yes, as long as certain qualifications are met and proper management is in place
Earnings Claims: Not in our FDD – During the due diligence process names of current franchisees will be provided and they are free to discuss earnings.

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