Metal Supermarkets International
Yes, we actively support the inclusion and development of minority-owned franchises in the Metal Supermarkets International system.
Metal Supermarkets International
170 Wilkinson Rd., # 18
Brampton, ON L6T 4Z5 CANADA
800#: (800) 807-8755
Tel: (905) 459-0466
Fax: (905) 459-3690
E-mail: aarminen@metalsupermarkets.com
Web Site: www.metalsupermarkets.com
Contact: Mr. Andrew Arminen, VP Franchise Division
METAL SUPERMARKETS is a highly specialized supplier of small quantities of virtually all types and forms of metal. Customers are maintenance departments of all types of industries. As 'convenience stores of the metal industry,' we have no minimum order We offer fast delivery, custom cutting and can source rare metals.
Franchisor Background
Established: 1985
First Franchise: 1987
Franchise Units: 60
Company-Owned Units: 21
Total Units: 81
Distribution:
> North America -- Operations in 24 States, 7 Provinces
> States/Provinces with Greatest Density: 13 in ON, 2 in PA, 1 in FL
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American: 1
>Native American:
>Other:
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,000 SF; Industrial Park
(for abbreviations click here)
Financial Requirements
Cash Investment: $125K
Total Investment: $230-270K
Average Total Investment: $250K
Minimum Net Worth: $350K
Fees
>Franchise: $39.5K
>Average Franchise Fee: $39K
>Royalty: 6%
>Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements:Yes/10
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 15
On-Going Support: C,D,E,F,G,h,I (for an explanation click here)
Training: 1 Week in Toronto, ON; 2 Weeks Corporate Store; 2 Weeks Own Store.
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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