FAQ
This
is a brief outline of the standard questions asked by potential
franchisee. If you have further questions, please do not hesitate to call.
Q: What are the
approximate costs to open a 7 Valley’s Custom Blends?
A: The biggest factor in determining costs is the location you
select. Is the location a "turnkey" (a location that has been a retail
operation with a majority of the high-cost items in place) or is it a
"shell" (a location that you need to build out)? The cost can range
between $122,225 to $207,000.
Q: What is the franchise fee?
A: $30,000 usually, however currently the fees are
$15,000 if you are an existing customer, and just $10 if you already own a
tobacco store, and wish to convert to one of our franchises!
Q: What are the royalties?
A: 6% standard royalties; 1% system advertising; 3% local
advertising
Q: What kind of training is provided?
A: There is 10 days of training provided prior to opening plus we
will on-site for approximately 8 more days.
Q: Is there a protected territory?
A: Territories are a 50,000 person radius from the location.
Q: How is the site selection
determined?
A: You need
to select 2-3 locations within your designated territory for us to review.
We will then rank the locations you submit to us for review
Q: What is the profitability of a 7 Valley’s Custom
Blends?
A: An earnings claim is provided in the UFOC. We will discuss that
when we have our discovery day.
Q: What is the procedure from here?
A: Included with this information package is a Franchise Evaluation
Form. You need to fill and fax the completed application back to
start the approval process. Next will begin the approval process. During
the approval process, you will meet with us to discuss the Custom Blends
system. Upon approval, you will receive the UFOC for review and at that
point we will schedule the Franchise Agreement signing. We will start the
site selection process, training, and then you will be on your way to
being a 7 Valley’s Custom Blends Franchisee.