Expetec

Tech solutions for small businesses

Background

Founded: 1992 Franchising since: 1996

12 2nd Ave. S.W.
Aberdeen, South dakota 57401

Phone:
(605)725-6013

Franchisee Association
Expetec - AAFD

Franchisor is a privately-held company with 13 employee(s); 10 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	33	1	0	1
2007	30	1	0	1
2006	40	1	0	1
2005	45	1	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: By ZIP code

Costs and Fees

Total investment: $82.2K-123K
Franchise fee: $45K

Ongoing royalty fee: 12%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $60K
Business Experience:

Industry experience
General business experience
Marketing skills

Operations

25% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)