- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$40K - $123K
- Units as of 2018
-
1
Company Overview
About Empire Business Brokers
| Industry | Business Services |
|---|---|
| Related Categories | Business Brokerages, Business Financial Services |
| Founded | 1981 |
| Leadership | Nick Gugliuzza, CEO |
| Corporate Address |
2865 Rolling Green Pl. Macungie, PA 18062 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2018 (6 years) |
|---|---|
| # of employees at HQ | 5 |
| # of Units | 1 (as of 2018) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Empire Business Brokers 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
|
$19,900 |
|---|---|
|
Initial Investment
|
$39,900 - $123,400 |
|
Veteran Incentives
|
25% off franchise fee |
|
Royalty Fee
|
$200+/mo. |
|
Term of Agreement
|
9 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 | Empire Business Brokers offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | Empire Business Brokers has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Classroom Training | 28-38 hours |
|---|---|
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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