Start-Up Costs and Fees |
||
| VYPE High School Sports Magazine | My City Daily | |
| Investment | 152000 - 337000 | 74200 - 74200 |
| Franchise Fee | ||
| Royalty Fee | $40 per page or 6% | 0 |
| Advertising Fee | ||
| Year Founded | 2005 | 2006 |
| Year Franchised | 2005 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| VYPE High School Sports Magazine | My City Daily | |
| Experience | ||
Financing Options |
||
| VYPE High School Sports Magazine | My City Daily | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| VYPE High School Sports Magazine | My City Daily | |
| Training | A full week of classroom training at our corporate office in Tulsa Oklahoma covering these topics: * Introduction to the sports marketing industry * Working with sports media professionals * Marketing your business * Learning the sales presentation * Distributing your magazine Setting up your office Your Team Manager and Start-Up Specialist will then join you in your exclusive territory to accomplish the following: * Research and understand your market * Analyze your distribution locations * Fine-tune your sales presentation * Make initial sales calls Network with prospects in the community In addition, to help you get started we: * Assist you in building a minimum of your first three issues * Provide production training in a classroom setting | * Available at headquarters: 4 days * At franchisee's location: 3 days |
| Support | VYPE Franchise team members receive ongoing coaching and support to assist in the success of their publishing franchise. VYPE continues to provide each Franchise the following: * Ongoing market support with their dedicated VYPE market representative * As needed support to assist in the production of their publication * Ongoing website support * Regional VYPE meetings and annual business conference for networking | |
| Marketing | ||
| Operations | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| VYPE High School Sports Magazine | My City Daily | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Franchise Fee | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Royalty Fee | |
| VYPE High School Sports Magazine | $40 per page or 6% |
| My City Daily | 0 |
| Advertising Fee | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Year Founded | |
| VYPE High School Sports Magazine | 2005 |
| My City Daily | 2006 |
| Year Franchised | |
| VYPE High School Sports Magazine | 2005 |
| My City Daily | 2006 |
| Term Of Agreement | |
| VYPE High School Sports Magazine | |
| My City Daily | 10 years |
| Renewal Fee | |
| VYPE High School Sports Magazine | |
| My City Daily | |
Business Experience Requirements |
|
| Experience | |
| VYPE High School Sports Magazine | |
| My City Daily | |
Financing Options |
|
| Franchise Fees | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Start-up Costs | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Equipment | |
| VYPE High School Sports Magazine} | |
| My City Daily | |
| Inventory | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Receivables | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Payroll | |
| VYPE High School Sports Magazine | |
| My City Daily | |
Training & Support |
|
| Training | |
| VYPE High School Sports Magazine | A full week of classroom training at our corporate office in Tulsa Oklahoma covering these topics: * Introduction to the sports marketing industry * Working with sports media professionals * Marketing your business * Learning the sales presentation * Distributing your magazine Setting up your office Your Team Manager and Start-Up Specialist will then join you in your exclusive territory to accomplish the following: * Research and understand your market * Analyze your distribution locations * Fine-tune your sales presentation * Make initial sales calls Network with prospects in the community In addition, to help you get started we: * Assist you in building a minimum of your first three issues * Provide production training in a classroom setting |
| My City Daily | * Available at headquarters: 4 days * At franchisee's location: 3 days |
| Support | |
| VYPE High School Sports Magazine | VYPE Franchise team members receive ongoing coaching and support to assist in the success of their publishing franchise. VYPE continues to provide each Franchise the following: * Ongoing market support with their dedicated VYPE market representative * As needed support to assist in the production of their publication * Ongoing website support * Regional VYPE meetings and annual business conference for networking |
| My City Daily | |
| Marketing | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| Operations | |
| VYPE High School Sports Magazine | |
| My City Daily | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| VYPE High School Sports Magazine | |
| My City Daily | 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 | |
| VYPE High School Sports Magazine | |
| My City Daily | |
| International Expansion | |
| VYPE High School Sports Magazine | |
| My City Daily | |