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Recognition Express

Badges, signs, awards, promotional products

Background

Founded: 1972 Franchising since: 1974
6290 Harrison Dr., #7
Las Vegas, Nevada 89120
Phone:
(866)838-5888/ (702)795-4550


Franchisor is a privately-held company with 5 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 10 8 48 0
2005 10 8 7 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, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Approx. 10K business population

Costs and Fees

Total investment: $82.1K-118.5K
Franchise fee: $29.5K
Ongoing royalty fee: 4-6%
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

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $30K
Business Experience:
  • Basic computer skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 2 - 2
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 2 days
  • Ongoing training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • National media

Other marketing support
  • Direct mail with telemarketing follow-up

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