Start-Up Costs and Fees |
||
| Rayacom | Allegra Network | |
| Investment | 94130 - 222062 | 30872 - 373911 |
| Franchise Fee | 0 | |
| Royalty Fee | 1.5%-6% | |
| Advertising Fee | 1% | |
| Year Founded | 0 | 1976 |
| Year Franchised | 0 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rayacom | Allegra Network | |
| Experience | Liquid Capital Required: $100,000 Net Worth Required: $400,000 Investment: $162,464 - $516,949 | |
Financing Options |
||
| Rayacom | Allegra Network | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Rayacom | Allegra Network | |
| Training | *BUSINESS PLANNING *SALES *GOALS SETTING *TIME MANAGEMENT *PRICING *PROJECT MANAGEMENT *PRODUCTION *PRODUCTS/SUPPLIERS *CUSTOMER SERVICE/RETENTION *FINANCIAL MANAGEMENT *MARKETING *PERSONNEL | At Allegra we have an initial two week training for new members. On an ongoing basis we have consultative sales management training , Virtual Sales Manager training programs , as well as, extensive online training on marketing services and sales coaching to our members. On-The-Job Training: 17 hours Classroom Training: 66 hours Additional Training: Virtual and in-person operations, sales and marketing training |
| Support | Training and support from our head office and our local area franchisees. Our area teams are experienced retail operators and are available to assist and guide you as you open and build your franchise. Our innovative team will provide you with expert advice on emerging business trends and technology. Throughout the years, our IT team significantly improved our business and maximized our profits by sourcing and implementing the ideal technology in our stores. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | The Profit Mastery Program featuring facilitated Performance groups and Profit Mastery Assessment Process. Business Assessment & Planning Process based on our Annual Operating Ratio Study that helps pinpoint areas for improvement in cost management, staffing, and a host of operational functions. A full-service, cost-advantaged Allegra Marketing Resource Center to execute a complete range of strategic planning and creative services for member clients. We offer more than 130 cost-advantaged vendor relationships to drive higher margins and increase profitably. Number of Employees Required to Run: 4 | |
Expansion Plans |
||
| Rayacom | Allegra Network | |
| 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 | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rayacom | |
| Allegra Network | |
| Franchise Fee | |
| Rayacom | |
| Allegra Network | |
| Royalty Fee | |
| Rayacom | |
| Allegra Network | 1.5%-6% |
| Advertising Fee | |
| Rayacom | |
| Allegra Network | 1% |
| Year Founded | |
| Rayacom | 0 |
| Allegra Network | 1976 |
| Year Franchised | |
| Rayacom | 0 |
| Allegra Network | 1977 |
| Term Of Agreement | |
| Rayacom | |
| Allegra Network | 20 years |
| Renewal Fee | |
| Rayacom | |
| Allegra Network | |
Business Experience Requirements |
|
| Experience | |
| Rayacom | |
| Allegra Network | Liquid Capital Required: $100,000 Net Worth Required: $400,000 Investment: $162,464 - $516,949 |
Financing Options |
|
| Franchise Fees | |
| Rayacom | |
| Allegra Network | |
| Start-up Costs | |
| Rayacom | |
| Allegra Network | |
| Equipment | |
| Rayacom} | |
| Allegra Network | |
| Inventory | |
| Rayacom | |
| Allegra Network | |
| Receivables | |
| Rayacom | |
| Allegra Network | |
| Payroll | |
| Rayacom | |
| Allegra Network | |
Training & Support |
|
| Training | |
| Rayacom | *BUSINESS PLANNING *SALES *GOALS SETTING *TIME MANAGEMENT *PRICING *PROJECT MANAGEMENT *PRODUCTION *PRODUCTS/SUPPLIERS *CUSTOMER SERVICE/RETENTION *FINANCIAL MANAGEMENT *MARKETING *PERSONNEL |
| Allegra Network | At Allegra we have an initial two week training for new members. On an ongoing basis we have consultative sales management training , Virtual Sales Manager training programs , as well as, extensive online training on marketing services and sales coaching to our members. On-The-Job Training: 17 hours Classroom Training: 66 hours Additional Training: Virtual and in-person operations, sales and marketing training |
| Support | |
| Rayacom | Training and support from our head office and our local area franchisees. Our area teams are experienced retail operators and are available to assist and guide you as you open and build your franchise. Our innovative team will provide you with expert advice on emerging business trends and technology. Throughout the years, our IT team significantly improved our business and maximized our profits by sourcing and implementing the ideal technology in our stores. |
| Allegra Network | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Rayacom | |
| Allegra Network | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Rayacom | |
| Allegra Network | The Profit Mastery Program featuring facilitated Performance groups and Profit Mastery Assessment Process. Business Assessment & Planning Process based on our Annual Operating Ratio Study that helps pinpoint areas for improvement in cost management, staffing, and a host of operational functions. A full-service, cost-advantaged Allegra Marketing Resource Center to execute a complete range of strategic planning and creative services for member clients. We offer more than 130 cost-advantaged vendor relationships to drive higher margins and increase profitably. Number of Employees Required to Run: 4 |
Expansion Plans |
|
| US Expansion | |
| Rayacom | |
| Allegra Network | 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 | |
| Rayacom | |
| Allegra Network | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Rayacom | |
| Allegra Network | Canada, |