10/10

Franchimp Summary Rating

10 /10
Investment Accessibility
Lower than 0% of peers

Franchise Summary

Description
As a TownePost Network, Inc. franchisee, you will own and operate a monthly magazine within a defined exclusive Territory. Your primary responsibility as a franchisee will be to manage the day-to-day operations of publishing the magazine, including, but not limited to, selling advertising, participating in social media and digital advertising, soliciting newsworthy stories, overseeing editorial and the final design of your magazine.
Company Background
TownePost Network, Inc. is the leading publisher of monthly town and city magazines in North America with over 100 editions across Canada, United States and Mexico. TownePost Network offers a unique opportunity to become part of our family-owned company that was founded in 1998 by President Darrell Sampson Sr., who has been publishing for more than 30 years. As a TownePost Network franchisee, you will own and operate a monthly magazine within an exclusive territory while managing day-to-day operations including selling advertising space, participating in social media and digital advertising, soliciting newsworthy stories from your community or area of interest as well as overseeing editorial content for publication.
Franchise Opportunity
Running a magazine is hard work. It's difficult to find the time and resources to run your own magazine. There's so much more you could be doing with that time if only there was someone else who could do it for you. TownePost Network provides everything you need to publish a monthly magazine in your community, including experienced editors, writers, designers and sales staff. Our platform makes it easy for anyone anywhere to start their own local business publishing magazines on a recurring basis without having any of the headaches or risks associated with starting their own publication from scratch. All we ask is that each of our franchisees make an investment in their future by purchasing one ad per month as well as other items like newsstand copies of issues or subscriptions for friends and family members!
Corporate Structure
TownePost Network Inc. was formed on March 23, 2014 and maintains its principal place of business at 8800 North Street, Suite 117, Fishers, IN 46038. They began selling franchises in May 2016.
Investment and Franchisee Fees
The total investment necessary to begin operation of a TownePost Network, Inc. franchise is between $41,175 to $59,043, including $35,000 that will be paid to the Franchisor as an Initial Franchise Fee.
Royalties and Marketing Fees

Royalties : 10% of Monthly Gross Sales with a minimum payment of $750

Royalties : Up to 2% of Monthly Gross Sales

Royalties : Up to 2% of Monthly Gross Sales

Employee Contact Database

# Name Position Phone Number Email Address

TownePost Network Franchise System Development in 2018

FAQ

How much investment do I need to start my own TownePost Network business?
Franchisees typically require at least $41 to $59 investment to get their TownePost Network business started
What are the initial franchise fees for TownePost Network?
Franchisees typically need to pay at least $35 in fees directly to TownePost Network in order to earn the right to launch their business
How much money can I make with a TownePost Network franchise? What are the average revenues for a typical TownePost Network business?
We haven’t done the math on how much revenue a typical TownePost Network brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect TownePost Network to generate a similar amount
How long do I need to commit to running a TownePost Network unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

10 /10
The Franchisor's investment costs ranges from $11,150 to $12,250 which is Much Lower than the $0 to $0 average in the Publications industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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