First Prize Franchise

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Around Town Community Magazine

aroundtown community magazine franchiseAround Town Community Magazine- “Strengthen your future, Strengthen your community.” With an Around Town franchise, you publish a free, monthly community magazine that provides local residents, workers, newcomers and business owners with important and interesting community information. They are attractive and informative publications that will provide readers with news that they cannot get from any other source. This low overhead concept is an excellent add-on business that will bring you not only financial security, but also the opportunity to make a difference in your community.

Background

Year Established: 2002
Year Franchised: 2003 / Masters 2007
# Franchises Sold: 10
# Franchises Open: 10
# Masters Sold: 0
# Masters Open: 0

Financial / Terms

Singles:
Cash Liquidity: $35K - $45K
Min. Net Worth: $150K
Total Investment: $38K - $60K
Franchise Fee: $25K
Ad Fee: 3%
Royalty: 5%
Avg. # Employees: 0-1
Passive Ownership Allowed: No

Masters:
Cash Liquidity: $150K - $250K
Min. Net Worth: $500K
Total Investment: $170K - $477K
Franchise Fee: $25K
Franchise Fee Split: 50/50
Royalty Split: 50/50

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