- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$171K - $351K
- Units as of 2015
-
61
Company Overview
About Adam & Eve
| Related Categories | Retail, Miscellaneous Retail Businesses |
|---|---|
| Founded | 1972 |
| Parent Company | PHE - Adam & Eve |
| Leadership | Phil Harvey, Founder |
| Corporate Address |
302 Meadowland Dr. Hillsborough, NC 27278 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2004 (20 years) |
|---|---|
| # of employees at HQ | 350 |
| Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
| # of Units | 61 (as of 2015) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Adam & Eve franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$30,000 |
|---|---|
|
Initial Investment
|
$171,050 - $350,700 |
|
Net Worth Requirement
|
$300,000 |
|
Cash Requirement
|
$175,000 |
|
Royalty Fee
|
5-4% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Adam & Eve offers in-house financing to cover the following: inventory |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 1 week |
|---|---|
| Classroom Training | 1 week |
| Ongoing Support |
Meetings & Conventions
Online Support
Field Operations
|
| Marketing Support |
Ad Templates
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 3-4 |
|
Are exclusive territories available?
|
Yes |
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