Apple Spice Junction

DESCRIPTION
Apple Spice Junction is a bakery/ deli specializing in box lunches and catering to the business community. A special emphasis has been placed on delivery, creating a terrific lifestyle for all franchises as their hours are basically 8 to 4, Monday to Friday. MASTER & SINGLE UNIT SALES
BACKGROUND
Established: 1988
1st Franchised: 2003
Franchised Units: 23
Company Owned Units: 1
Projected New Units (12 Months): 20
Registered: (Currently accepting single franchises in areas where Masters are in place. This includes New England (except CT & RI), New Jersey, Philadelphia, Maryland, Virginia, Washington, DC, NC, Atlanta, Orlando, TN, St. Louis, Kansas City, Houston, Chicago, Cincinnati and Columbus, Ohio, San Diego, Orange County, CA, and AZ. In addition, single franchise opportunities exist in Colorado, Utah, Nevada, New Mexico, Idaho, and Wyoming where the corporation will serve as the master. ASJ is looking for Masters in all other areas including Canada.)
FINANCIAL/TERMS
Cash Investment: $100K to $150K
Total Investment: $250K to $400K
Minimum Net Worth: $350K
Franchise Fee: $26.5K (Non-Catering) / $32.5K (Catering)
Royalty: 6%
Ad: 2%
Average Number Of Employees: 9 - 11
Passive Ownership: No
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