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WPI Int'l.

Real estate

Background

Founded: 2005 Franchising since: 2005
124 Hebron Ave.
Glastonbury, Connecticut 06033
Phone:
(800)809-1963


Franchisor is a privately-held company with 64 employee(s); 15 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 104 0 0 0
2006 78 0 0 0
2005 45 0 0 2

Where Seeking Franchisees
In the U.S. Connecticut, Florida, North carolina, New jersey, United states
Worldwide

Exclusive territories available.
Territory size: 25K population, 1/4 mile radius

Costs and Fees

Total investment: $1.9K-65.9K
Franchise fee: $599-50K
Ongoing royalty fee: $130/mo.
Term of agreement: 5 years, renewable
Express/kiosk option available

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

Qualifications
Business Experience:
  • Industry experience

Operations
  • Franchise can be run from home
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 2
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: Varies
  • Weekly online training

Ongoing Support
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#421 (2008); #451 (2007);

Fastest-Growing Franchises:
#57 (2007);

Top New Ranking:
#36 (2008); #45 (2007);


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