Year Business Began: 2007
Franchising Since: 2007
Headquarters: West Palm Beach, Florida
Estimated Number of Units: 325
Franchise Description: Transworld Business Advisors, LLC is the franchisor. The franchisor is a member of United Franchise Group. The franchisee will own and operate a Transworld business which will serve as a broker/intermediary to facilitate the purchase and sale of existing businesses which can include existing franchised businesses and as a referral agent for franchisors. The market for business brokerage services will be primarily small to medium-sized businesses and prospective purchasers of these businesses.
Training Overview: Prior to opening a Transworld agency, franchisees must attend and complete to the franchisor’s satisfaction an extensive initial training program held at the corporate headquarters in West Palm Beach, Florida and at TBB’s Transworld agency in Fort Lauderdale, Florida. The franchisor will provide transportation to and from West Palm Beach, hotel accommodations and one daily meal. Franchisees may bring additional persons to the initial training at a cost of $295 or the then current fee per person and will be responsible for their travel, hotel and meal expenses. Classroom training and remote learning are conducted in West Palm Beach and Fort Lauderdale, Florida. The on-the-job training is primarily conducted with franchisees in their designated marketing area following completion of the classroom training. The franchisor also conducts a training program in West Palm Beach, Florida for the franchisee’s salespersons. All new salespersons franchisees hire must attend. Every 12-18 months the franchisor will hold a convention for franchisees. In addition, the franchisor will conduct seminars and conventions on topics relating to ongoing training and improving the operation of the franchisee’s Transworld agency.
Territory Granted: Franchisees are granted the right to operate a Transworld agency within a designated marketing area. The agency must be located in the franchisee’s designated marketing area, which will be a geographic area defined and named by the franchisor which contains 8,000 or more businesses. Franchisees must confine all their agency-related business activities to their designated marketing area including, but not limited to meetings, conferences, community service and educational programs. While franchisees are not restricted from accepting clients from outside the designated marketing area, they must restrict the targeting of public relations, promotional, sales and marketing activities and the activities of their agents to individuals and businesses located within the designated marketing area and shall not actively market areas outside of the designated marketing area using the Internet, telemarketing or other forms of direct marketing and cannot indicate in any media, print or electronic, that they have a location or provide services in any area outside of the designated marketing area.
Obligations and Restrictions: If franchisees are an individual, they must directly supervise and manage their Transworld agency. If franchisees are a corporation, partnership or other business entity, a principal, general partner or their fully trained manager must devote full-time and best efforts to the management and operation of the Transworld agency. The Transworld agency must at all times be under the direct supervision of someone who has completed the training program. Franchisees must also maintain a competent, conscientious, neat and trained staff. The franchisor requires franchisees to offer and sell only services and goods that the franchisor has approved, but there is no obligation to provide all of the services and goods authorized by the franchisor.
Term of Agreement and Renewal: The length of the initial franchise term is 35 years. Renewal is for another 35-year term, if requirements are met.
Financial Assistance: Neither the franchisor nor any agent or affiliate offers direct or indirect financing to franchisees, guarantees any note, lease, or obligation of franchisees, or has any practice or intent to sell, assign, or discount to a third party all or any part of any financing arrangement of franchisees.
Investment Tables:
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $49,500 | $49,500 |
| Travel and Living Expenses while in Training School | $210 | $490 |
| Advertising Fund, Initial Membership Fee | $500 | $500 |
| Premises Lease | $900 | $7,200 |
| Initial Advertising | $3,000 | $6,000 |
| Software and Supplies Package | $14,995 | $14,995 |
| Equipment and Office Software | $0 | $1,500 |
| Insurance | $750 | $2,000 |
| Additional Funds – 3 months | $5,000 | $15,000 |
| ESTIMATED TOTAL | $74,855 | $97,185 |
| Type of Fee | Amount |
|---|---|
| Royalty | A monthly fee equal to the greater of 8% of Gross Revenues or $300 – months 1-12 $600 – months 13-24 $900 – after 24 months |
| Marketing Fund Contribution | $150 per month. |
| Market Cooperative Contribution | As determined by the co-op. Currently, none. |
| Transfer Fee | $29,500 for transfer of each designated marketing area, or the then current transfer fee. |
| Renewal Fee | $1,500 |
| Agent Fee | $150 per month for the first agent and $100 per month for each additional agent or the then current fee. |
| Salesperson Training Fee | $495 or then current training fee per person attending training plus travel & hotel expenses. |
| Franchise Resale Program Fee | 10% referral fee of commission on sale of franchise business. |
| Audit-Inspection Costs | Cost of audit-inspection, including travel, hotel, meals, salaries or fees. |
FRANCHISE SUCCESS
Address: 87 – 89 Hồ Bá Kiện, Phường 15, Quận 10, Thành Phố Hồ Chí Minh
Hotline: (+84) 2871077979 – line 4
Website: https://franchisesuccess.vn
Email: info@franchiseSUCCESS.vn
Year Business Began: 2007
Franchising Since: 2007
Headquarters: West Palm Beach, Florida
Estimated Number of Units: 325
Franchise Description: Transworld Business Advisors, LLC is the franchisor. The franchisor is a member of United Franchise Group. The franchisee will own and operate a Transworld business which will serve as a broker/intermediary to facilitate the purchase and sale of existing businesses which can include existing franchised businesses and as a referral agent for franchisors. The market for business brokerage services will be primarily small to medium-sized businesses and prospective purchasers of these businesses.
Training Overview: Prior to opening a Transworld agency, franchisees must attend and complete to the franchisor’s satisfaction an extensive initial training program held at the corporate headquarters in West Palm Beach, Florida and at TBB’s Transworld agency in Fort Lauderdale, Florida. The franchisor will provide transportation to and from West Palm Beach, hotel accommodations and one daily meal. Franchisees may bring additional persons to the initial training at a cost of $295 or the then current fee per person and will be responsible for their travel, hotel and meal expenses. Classroom training and remote learning are conducted in West Palm Beach and Fort Lauderdale, Florida. The on-the-job training is primarily conducted with franchisees in their designated marketing area following completion of the classroom training. The franchisor also conducts a training program in West Palm Beach, Florida for the franchisee’s salespersons. All new salespersons franchisees hire must attend. Every 12-18 months the franchisor will hold a convention for franchisees. In addition, the franchisor will conduct seminars and conventions on topics relating to ongoing training and improving the operation of the franchisee’s Transworld agency.
Territory Granted: Franchisees are granted the right to operate a Transworld agency within a designated marketing area. The agency must be located in the franchisee’s designated marketing area, which will be a geographic area defined and named by the franchisor which contains 8,000 or more businesses. Franchisees must confine all their agency-related business activities to their designated marketing area including, but not limited to meetings, conferences, community service and educational programs. While franchisees are not restricted from accepting clients from outside the designated marketing area, they must restrict the targeting of public relations, promotional, sales and marketing activities and the activities of their agents to individuals and businesses located within the designated marketing area and shall not actively market areas outside of the designated marketing area using the Internet, telemarketing or other forms of direct marketing and cannot indicate in any media, print or electronic, that they have a location or provide services in any area outside of the designated marketing area.
Obligations and Restrictions: If franchisees are an individual, they must directly supervise and manage their Transworld agency. If franchisees are a corporation, partnership or other business entity, a principal, general partner or their fully trained manager must devote full-time and best efforts to the management and operation of the Transworld agency. The Transworld agency must at all times be under the direct supervision of someone who has completed the training program. Franchisees must also maintain a competent, conscientious, neat and trained staff. The franchisor requires franchisees to offer and sell only services and goods that the franchisor has approved, but there is no obligation to provide all of the services and goods authorized by the franchisor.
Term of Agreement and Renewal: The length of the initial franchise term is 35 years. Renewal is for another 35-year term, if requirements are met.
Financial Assistance: Neither the franchisor nor any agent or affiliate offers direct or indirect financing to franchisees, guarantees any note, lease, or obligation of franchisees, or has any practice or intent to sell, assign, or discount to a third party all or any part of any financing arrangement of franchisees.
Investment Tables:
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $49,500 | $49,500 |
| Travel and Living Expenses while in Training School | $210 | $490 |
| Advertising Fund, Initial Membership Fee | $500 | $500 |
| Premises Lease | $900 | $7,200 |
| Initial Advertising | $3,000 | $6,000 |
| Software and Supplies Package | $14,995 | $14,995 |
| Equipment and Office Software | $0 | $1,500 |
| Insurance | $750 | $2,000 |
| Additional Funds – 3 months | $5,000 | $15,000 |
| ESTIMATED TOTAL | $74,855 | $97,185 |
| Type of Fee | Amount |
|---|---|
| Royalty | A monthly fee equal to the greater of 8% of Gross Revenues or $300 – months 1-12 $600 – months 13-24 $900 – after 24 months |
| Marketing Fund Contribution | $150 per month. |
| Market Cooperative Contribution | As determined by the co-op. Currently, none. |
| Transfer Fee | $29,500 for transfer of each designated marketing area, or the then current transfer fee. |
| Renewal Fee | $1,500 |
| Agent Fee | $150 per month for the first agent and $100 per month for each additional agent or the then current fee. |
| Salesperson Training Fee | $495 or then current training fee per person attending training plus travel & hotel expenses. |
| Franchise Resale Program Fee | 10% referral fee of commission on sale of franchise business. |
| Audit-Inspection Costs | Cost of audit-inspection, including travel, hotel, meals, salaries or fees. |
FRANCHISE SUCCESS
Address: 87 – 89 Hồ Bá Kiện, Phường 15, Quận 10, Thành Phố Hồ Chí Minh
Hotline: (+84) 2871077979 – line 4
Website: https://franchisesuccess.vn
Email: info@franchiseSUCCESS.vn
BCA GROUP Co., Ltd
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