Tradebank International
Yes, we actively support the inclusion and development of minority-owned franchises in the Tradebank International system.
Tradebank International
1000 Laval Blvd.
Lawrenceville, GA 30043
800#: (888) 568-5680
Tel: (678) 533-7100
Fax: (678) 533-7113
E-mail: info@tradebank.com
Web Site: www.tradebank.com
Contact: Mr. John P. Davis, Jr., Chief Executive Officer
Since 1987, TRADEBANK had been a pioneer in the trade and barter industry. TRADEBANK is a 3rd party record keeper that facilitates trade transactions between business and professionals. Every type of business can benefit from our state-of-the-art trade exchange with the ability to purchase goods and services at a 30-60% discount. TRADEBANK franchise owners are responsible for client acquisition, as well as brokering deals throughout their protected regional territories. Unlimited possibilities.
Franchisor Background
Established: 1987
First Franchise: 1995
Franchise Units: 68
Company-Owned Units: 2
Total Units: 70
Distribution:
> North America -- Operations in 13 States, 3 Provinces
> States/Provinces with Greatest Density: 13 in ON, 9 in TN, 8 in GA
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 16 FT, 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 400 SF; NA
(for abbreviations click here)
Financial Requirements
Cash Investment: $10K
Total Investment: $10-50K
Average Total Investment: $42K
Minimum Net Worth: $25K
Fees
>Franchise: $35-50K
>Average Franchise Fee: $35K
>Royalty: 30-40%
>Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5/5
Passive Ownership: Discouraged
Area Development Agreements:Yes
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: No
Franchisee Assoc. / Member: Yes/No
Size Of Corporate Staff: 14
On-Going Support: A,B,C,D,E,g,h,I (for an explanation click here)
Training: 1 Week Atlanta, GA; 1 Week Opening; 3 Days Broker Training at Various Locations.
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.
For a sample questionnaire click here.
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