First Prize Franchise

Business & Franchise Opportunity Portal

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.

The HomeMag

the home mag franchise opportunityLocal monthly direct mail home improvement magazine. Publication that inspires readers to enhance their homes and generates leads for home improvement businesses.

Background

Year Established: 2002
Year First Franchised: 2006
Franchised Units: 19
Company Owned Units: 9
Projected New Units (12 months): 20
States/Countries Registered In: We are registered in all other states except IL, CT, Pending in ME, MT, ND, SD, IA, and WY no interest
Availability in Canada: Masters / Area Developer Future Plans
States, Countries or Geographical Areas from which Broker Referrals are not being accepted: IL & CT until legal and ME, MT, ND, SD, IA, ID, WY we currently have no interest in these states- population centers not dense enough.

Financial/Terms

Hometown market (50-80,000 homes): $19k franchise fee; $75-90k operating capital; $94k total
Standard (100-150,000 homes): $34k franchise fee; $75-100k operating capital; 109-134k total
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: No
Royalty: 6%
Ad: 2%
Average # of Employees: 4 Including Owner
Passive Ownership Allowed: No
Earnings Claim: Yes

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