Marad Fine Art
Yes, we actively support the inclusion and development of minority-owned franchises in the Marad Fine Art system.
Marad Fine Art
23 Atlantic St.
Stamford, CT 06901
800#:
Tel: (203) 323-2200
Fax: (203) 323-8200
E-mail: maradart@aol.com
Web Site: www.maradfineart.com
Contact: Mr. Dick Fierstein, President
MARAD FINE ART offers qualified individuals with a flair for sales and an appreciation of art the chance to operate their own commercial art business from their home or office. Product line contains over 15,000 of the world's best-loved art reproductions in quality, custom mattes and frames at the same low price for each piece. Comprehensive sales training, exclusive territories and a turnkey ordering/fulfillment system allow for easy start-up, operational efficiency, little overhead and NO INVENTORY.
Franchisor Background
Established: 1938
First Franchise: 2002
Franchise Units: 3
Company-Owned Units: 1
Total Units: 4
Distribution:
> North America -- Operations in 1 State
> States/Provinces with Greatest Density: 1 in CT
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(for abbreviations click here)
Financial Requirements
Cash Investment: $35-60K
Total Investment: $35-60K
Average Total Investment: $47K
Minimum Net Worth: $100K
Fees
>Franchise: $35-60K
>Average Franchise Fee: $47K
>Royalty: 4%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 1
On-Going Support: NR (for an explanation click here)
Training: 1 Day Stamford CT; 1 Day Hauppage, NY.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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