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Radio Shack Select

Yes, we actively support the inclusion and development of minority-owned franchises in the Radio Shack Select system.

Radio Shack Select
MS EF7-340, 300 Radio Shack Circle
Fort Worth, TX 76102
800#: (800) 826-3905
Tel: (817) 415-9138
Fax: (817) 415-8870
E-mail: glenn.showers@radioshack.com
Web Site: www.radioshack.com
Contact: Mr. Glenn Showers, Mgr. Franchise New Store Devel.


RADIO SHACK is a consumer electronics retailer.




Franchisor Background

Established: 1921
First Franchise: 1968
Franchise Units: 1660
Company-Owned Units: 4972
Total Units: 6632

Distribution:
> North America -- Operations in 48 States
> States/Provinces with Greatest Density: CA, NY, IL

Units Owned by Minorities:
>African-American: 4
>Hispanic: 10
>Asian-American: 4
>Native American: 6
>Other: 4 Middle Eastern

Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: 600 SF; FS, SF, SC, RM (for abbreviations click here)


Financial Requirements

Cash Investment: $39.9K
Total Investment: $69.9K
Average Total Investment: $69K
Minimum Net Worth: $NA

Fees
>Franchise: $39.9K
>Average Franchise Fee: $39K
>Royalty: 0%
>Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/Annual
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:No
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 150
On-Going Support: A,B,C,D,E,F,G,H,I (for an explanation click here)
Training: 5 Days On-Site.
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 States Except Hawaii and Delaware


Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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