Start-Up Costs and Fees |
||
| The Visual Image | PortraitEFX | |
| Investment | 37300 - 37500 | 22477 - 43606 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 0 |
| Advertising Fee | ||
| Year Founded | 1984 | 2006 |
| Year Franchised | 1994 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Visual Image | PortraitEFX | |
| Experience | General business experience People skills; sales skills | |
Financing Options |
||
| The Visual Image | PortraitEFX | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | No |
| Equipment | Yes | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Visual Image | PortraitEFX | |
| Training | * Available at headquarters: 1 week * At franchisee's location: upon request * Additional training available upon request On-The-Job Training: 26 hours Classroom Training: 27 hours Additional Training: Annual conference | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | 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 slicks, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| The Visual Image | PortraitEFX | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Visual Image | |
| PortraitEFX | |
| Franchise Fee | |
| The Visual Image | |
| PortraitEFX | |
| Royalty Fee | |
| The Visual Image | 0 |
| PortraitEFX | 0 |
| Advertising Fee | |
| The Visual Image | |
| PortraitEFX | |
| Year Founded | |
| The Visual Image | 1984 |
| PortraitEFX | 2006 |
| Year Franchised | |
| The Visual Image | 1994 |
| PortraitEFX | 2006 |
| Term Of Agreement | |
| The Visual Image | 3 years |
| PortraitEFX | 10 years |
| Renewal Fee | |
| The Visual Image | $2K |
| PortraitEFX | |
Business Experience Requirements |
|
| Experience | |
| The Visual Image | General business experience People skills; sales skills |
| PortraitEFX | |
Financing Options |
|
| Franchise Fees | |
| The Visual Image | Yes |
| PortraitEFX | Yes |
| Start-up Costs | |
| The Visual Image | |
| PortraitEFX | |
| Equipment | |
| The Visual Image} | |
| PortraitEFX | |
| Inventory | |
| The Visual Image | |
| PortraitEFX | |
| Receivables | |
| The Visual Image | |
| PortraitEFX | |
| Payroll | |
| The Visual Image | |
| PortraitEFX | |
Training & Support |
|
| Training | |
| The Visual Image | |
| PortraitEFX | * Available at headquarters: 1 week * At franchisee's location: upon request * Additional training available upon request On-The-Job Training: 26 hours Classroom Training: 27 hours Additional Training: Annual conference |
| Support | |
| The Visual Image | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| PortraitEFX | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| The Visual Image | Co-op advertising, Ad slicks, Regional advertising |
| PortraitEFX | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| The Visual Image | Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| PortraitEFX | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Visual Image | |
| PortraitEFX | 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 | |
| The Visual Image | |
| PortraitEFX | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The Visual Image | |
| PortraitEFX | |