Franchising Status
Eligibility for SBA Loan

Franchisor Background

Year Founded

Year when franchising entity was formed
2001

Parent Company

Corporate owner of franchising entity
City Wide Franchise Company, Inc.

CEO

Chief Executive Officer of Franchisor
Unknown

Franchise Units

Size of franchisee system
54

Industry

High level industry category
Professional Services > Maintenance Services

Initial Franchisee Requirements

Net Worth Required

Minimum net worth required to be franchisee
Unknown

Liquid Capital Required

Minimum liquid capital required to be franchisee
Unknown

Minimum Investment

Lowest reported franchise investment cost
$233,150

Maximum Investment

Highest reported franchise investment cost
$404,100

Minimum Franchise Fee

Minimum initial fee payable to franchisor
$100,450

Maximum Franchise Fee

Maximum initial fee payable to franchisor
$142,600

Other Considerations for Franchisees

Initial Term

Length of initial franchise agreement
Unknown years

Renewal Term

Length of franchise agreement if renewed
Unknown years

Number of Franchisor Lawsuits

Between franchisors and franchisees
0

Number of Director Bankruptcies

Franchisor directors, and franchise entities
0

Distribution of City Wide Franchisees

City Wide Franchise System Development in 2018

FAQ

How much investment do I need to start my own City Wide business?
Franchisees typically require at least $233,150 to $404,100 investment to get their City Wide business started
What are the initial franchise fees for City Wide?
Franchisees typically need to pay at least $100,450 in fees directly to City Wide in order to earn the right to launch their business
How much money can I make with a City Wide franchise? What are the average revenues for a typical City Wide business?
We havenโ€™t done the math on how much revenue a typical City Wide brings in each year. We estimate that other franchisees in the Professional Services industry general revenue, so we would expect City Wide to generate a similar amount
How long do I need to commit to running a City Wide unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

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