M & M Meat Shops Ltd.

Founded: 1980 Franchising since: 1981

640 Trillium Dr., P.O. Box 2488 Kitchener, Ontario N2H 6M3

Phone: (519)895-1075

Franchisor has 90 employee(s); 5 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	0	407	0	4
2005	0	357	0	5

Where Seeking Franchisees
Not available in the U.S.

Exclusive territories available.

Total investment: $320K Franchise fee: $30K

Ongoing royalty fee: 3% Term of agreement: Term of agreement renewable

Type of Financing Available

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

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $150K

Operations

• 17% of all franchisees own more than one unit
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising