Start-Up Costs and Fees |
||
| am/pm Convenience Stores | Family Fare | |
| Investment | 440291 - 10405152 | 31800 - 201700 |
| Franchise Fee | ||
| Royalty Fee | 11%-14% | |
| Advertising Fee | 5.50% | |
| Year Founded | 1975 | 1936 |
| Year Franchised | 1979 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| am/pm Convenience Stores | Family Fare | |
| Experience | - U.S. citizenship, or permanent resident alien status with a minimum age of 21 years old - Personal participation in operating a retail facility (minimum of 40 hours per week) - Successfully complete all training requirements - Good credit record / credit history evidenced by prompt payment of all financial obligations - Liquid capital required may be $1,200,000 or higher - Possess an entrepreneurial attitude, creativity and the ability to make sound business decisions - Ability to create and implement a comprehensive business plan - Ability to successfully execute the am/pm franchise operational procedures - Excellent project management skills and attention to detail - Ability to obtain/qualify for a beer and wine sales license for off-site consumption | |
Financing Options |
||
| am/pm Convenience Stores | Family Fare | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| am/pm Convenience Stores | Family Fare | |
| Training | On-The-Job Training: 120 hours Classroom Training: 66 hours Additional Training: In-class sessions & hands-on training | |
| Support | Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations | |
| Marketing | Co-op Advertising Regional Advertising Social media Loyalty program/app | |
| Operations | Number of Employees Required to Run: 10 | |
Expansion Plans |
||
| am/pm Convenience Stores | Family Fare | |
| US Expansion | Arizona, California, Nevada, Oregon, Washington | North Carolina |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| am/pm Convenience Stores | |
| Family Fare | |
| Franchise Fee | |
| am/pm Convenience Stores | |
| Family Fare | |
| Royalty Fee | |
| am/pm Convenience Stores | 11%-14% |
| Family Fare | |
| Advertising Fee | |
| am/pm Convenience Stores | 5.50% |
| Family Fare | |
| Year Founded | |
| am/pm Convenience Stores | 1975 |
| Family Fare | 1936 |
| Year Franchised | |
| am/pm Convenience Stores | 1979 |
| Family Fare | 2013 |
| Term Of Agreement | |
| am/pm Convenience Stores | |
| Family Fare | |
| Renewal Fee | |
| am/pm Convenience Stores | $35K-60K |
| Family Fare | |
Business Experience Requirements |
|
| Experience | |
| am/pm Convenience Stores | - U.S. citizenship, or permanent resident alien status with a minimum age of 21 years old - Personal participation in operating a retail facility (minimum of 40 hours per week) - Successfully complete all training requirements - Good credit record / credit history evidenced by prompt payment of all financial obligations - Liquid capital required may be $1,200,000 or higher - Possess an entrepreneurial attitude, creativity and the ability to make sound business decisions - Ability to create and implement a comprehensive business plan - Ability to successfully execute the am/pm franchise operational procedures - Excellent project management skills and attention to detail - Ability to obtain/qualify for a beer and wine sales license for off-site consumption |
| Family Fare | |
Financing Options |
|
| Franchise Fees | |
| am/pm Convenience Stores | No |
| Family Fare | No |
| Start-up Costs | |
| am/pm Convenience Stores | |
| Family Fare | |
| Equipment | |
| am/pm Convenience Stores} | |
| Family Fare | |
| Inventory | |
| am/pm Convenience Stores | |
| Family Fare | |
| Receivables | |
| am/pm Convenience Stores | |
| Family Fare | |
| Payroll | |
| am/pm Convenience Stores | |
| Family Fare | |
Training & Support |
|
| Training | |
| am/pm Convenience Stores | On-The-Job Training: 120 hours Classroom Training: 66 hours Additional Training: In-class sessions & hands-on training |
| Family Fare | |
| Support | |
| am/pm Convenience Stores | Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations |
| Family Fare | |
| Marketing | |
| am/pm Convenience Stores | Co-op Advertising Regional Advertising Social media Loyalty program/app |
| Family Fare | |
| Operations | |
| am/pm Convenience Stores | Number of Employees Required to Run: 10 |
| Family Fare | |
Expansion Plans |
|
| US Expansion | |
| am/pm Convenience Stores | Arizona, California, Nevada, Oregon, Washington |
| Family Fare | North Carolina |
| Canada Expansion | |
| am/pm Convenience Stores | 0 |
| Family Fare | |
| International Expansion | |
| am/pm Convenience Stores | |
| Family Fare | |