Value Place

Founded: 2003 Franchising since: 2004

8621 E. 21st St. N., #250 Wichita, Kansas 67206

Phone: (888)456-8737/ (316)631-1312

Franchisor has 50 employee(s); 10 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	113	0	0	43
2008	69	0	0	29
2007	31	0	0	21
2006	11	0	0	12
2005	2	0	0	5

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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: With a development agreement

Total investment: $3.5M-7.3M Franchise fee: Varies

Ongoing royalty fee: 5% Term of agreement: 20 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: $1.5M
Cash liquidity requirement: $300K
Business Experience:

• Industry experience
• General business experience

Operations

• 73% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 4 - 5
• Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: Varies
• At franchisee's location: Upon request

Ongoing Support

• Meetings
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Other marketing support

• Promotional items

Fastest-Growing Franchises:
#82 (2009);