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Reading Friends Franchise Co.

Preschool learning center

Background

Founded: 1980 Franchising since: 2002
5228 Pershing Ave.
Fort Worth, Texas 76107
Phone:
(817)738-9430


Franchisor is a privately-held company with 10 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 2 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming

Exclusive territories available.
Territory size: 2-mile radius approximately

Costs and Fees

Total investment: $110.95K-297.5K
Franchise fee: $35K
Ongoing royalty fee: 5.5%
Term of agreement: 10 years, 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

Operations
  • 100% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 9
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 3 weeks
  • At franchisee's location: 1 week-1 month
  • Follow-up visits for 1 year; phone conferences as needed

Ongoing Support
  • Grand opening
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks

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