Start-Up Costs and Fees |
||
| am/pm Convenience Stores | Kangaroo Express | |
| Investment | 440291 - 10405152 | 133390 - 1912000 |
| Franchise Fee | ||
| Royalty Fee | 11%-14% | |
| Advertising Fee | 5.50% | |
| Year Founded | 1975 | 1995 |
| Year Franchised | 1979 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| am/pm Convenience Stores | Kangaroo Express | |
| 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 | Kangaroo Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| am/pm Convenience Stores | Kangaroo Express | |
| 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 | Kangaroo Express | |
| US Expansion | Arizona, California, Nevada, Oregon, Washington | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
| Franchise Fee | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
| Royalty Fee | |
| am/pm Convenience Stores | 11%-14% |
| Kangaroo Express | |
| Advertising Fee | |
| am/pm Convenience Stores | 5.50% |
| Kangaroo Express | |
| Year Founded | |
| am/pm Convenience Stores | 1975 |
| Kangaroo Express | 1995 |
| Year Franchised | |
| am/pm Convenience Stores | 1979 |
| Kangaroo Express | 1997 |
| Term Of Agreement | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
| Renewal Fee | |
| am/pm Convenience Stores | $35K-60K |
| Kangaroo Express | |
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 |
| Kangaroo Express | |
Financing Options |
|
| Franchise Fees | |
| am/pm Convenience Stores | No |
| Kangaroo Express | No |
| Start-up Costs | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
| Equipment | |
| am/pm Convenience Stores} | |
| Kangaroo Express | |
| Inventory | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
| Receivables | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
| Payroll | |
| am/pm Convenience Stores | |
| Kangaroo Express | |
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 |
| Kangaroo Express | |
| Support | |
| am/pm Convenience Stores | Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations |
| Kangaroo Express | |
| Marketing | |
| am/pm Convenience Stores | Co-op Advertising Regional Advertising Social media Loyalty program/app |
| Kangaroo Express | |
| Operations | |
| am/pm Convenience Stores | Number of Employees Required to Run: 10 |
| Kangaroo Express | |
Expansion Plans |
|
| US Expansion | |
| am/pm Convenience Stores | Arizona, California, Nevada, Oregon, Washington |
| Kangaroo Express | 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 | |
| am/pm Convenience Stores | 0 |
| Kangaroo Express | |
| International Expansion | |
| am/pm Convenience Stores | |
| Kangaroo Express | |