Start-Up Costs and Fees |
||
| Truly Nolen | Environmental Factor | |
| Investment | 3600 - 300500 | 30000 - 40000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 1938 | 1991 |
| Year Franchised | 1996 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Truly Nolen | Environmental Factor | |
| Experience | General business experience Marketing skills Industry experience is preferred | |
Financing Options |
||
| Truly Nolen | Environmental Factor | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Truly Nolen | Environmental Factor | |
| Training | At specific training centers | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Truly Nolen | Environmental Factor | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Truly Nolen | |
| Environmental Factor | |
| Franchise Fee | |
| Truly Nolen | |
| Environmental Factor | |
| Royalty Fee | |
| Truly Nolen | 7% |
| Environmental Factor | |
| Advertising Fee | |
| Truly Nolen | |
| Environmental Factor | |
| Year Founded | |
| Truly Nolen | 1938 |
| Environmental Factor | 1991 |
| Year Franchised | |
| Truly Nolen | 1996 |
| Environmental Factor | 2001 |
| Term Of Agreement | |
| Truly Nolen | 5 years |
| Environmental Factor | |
| Renewal Fee | |
| Truly Nolen | |
| Environmental Factor | |
Business Experience Requirements |
|
| Experience | |
| Truly Nolen | General business experience Marketing skills Industry experience is preferred |
| Environmental Factor | |
Financing Options |
|
| Franchise Fees | |
| Truly Nolen | No |
| Environmental Factor | No |
| Start-up Costs | |
| Truly Nolen | |
| Environmental Factor | |
| Equipment | |
| Truly Nolen} | |
| Environmental Factor | |
| Inventory | |
| Truly Nolen | |
| Environmental Factor | |
| Receivables | |
| Truly Nolen | |
| Environmental Factor | |
| Payroll | |
| Truly Nolen | |
| Environmental Factor | |
Training & Support |
|
| Training | |
| Truly Nolen | At specific training centers |
| Environmental Factor | |
| Support | |
| Truly Nolen | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Environmental Factor | |
| Marketing | |
| Truly Nolen | Co-op advertising, Ad slicks, National media, Regional advertising |
| Environmental Factor | |
| Operations | |
| Truly Nolen | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Environmental Factor | |
Expansion Plans |
|
| US Expansion | |
| Truly Nolen | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Environmental Factor | |
| Canada Expansion | |
| Truly Nolen | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Environmental Factor | 0 |
| International Expansion | |
| Truly Nolen | |
| Environmental Factor | |