16 frequently asked questions answered with data from the 2024 Franchise Disclosure Document.
The total initial investment to open a The Armoloy Corporation franchise ranges from $1.0M to $3.1M (2024 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for The Armoloy Corporation is $125K (2024 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the The Armoloy Corporation 2024 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a The Armoloy Corporation franchise requires a physical location (2024 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisThe Armoloy Corporation charges a royalty fee of 7.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a The Armoloy Corporation franchise is approximately 7.5% of gross sales (2024 FDD). This includes the royalty fee, a 0.5% marketing/advertising fund contribution, and other recurring charges.
View full fees analysisThe Armoloy Corporation has been involved in 0 litigation cases over the past 3 years (2024 FDD). There are no class action lawsuits pending.
View full litigation analysisNo, the The Armoloy Corporation franchisor has no bankruptcy filings in their disclosure history (2024 FDD).
View full litigation analysisThe Armoloy Corporation offers protected territory rights to its franchisees (2024 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisThe Armoloy Corporation currently operates 12 locations (2024 FDD) (9 franchised, 3 company-owned). The system grew by 0.0% over the past year. The 3-year compound annual growth rate is -2.6%.
View full growth analysisThe 1-year franchisee turnover rate for The Armoloy Corporation is 0.0% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisAccording to the The Armoloy Corporation FDD Item 19 financial performance representation (2024 FDD), the median gross sales per unit is $2.0M (average: $1.8M).
View full financials analysisThe initial franchise agreement term for The Armoloy Corporation is 10 years (2024 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.
View full contract analysisThe Armoloy Corporation's post-termination non-compete clause restricts former franchisees from operating a competing business for 1 year within 50 miles of the former location (2024 FDD).
View full legal analysisYes, The Armoloy Corporation's franchise agreement requires mandatory arbitration for dispute resolution (2024 FDD).
View full legal analysisThe Armoloy Corporation provides 75 hours of initial training over approximately 4 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisThe Armoloy Corporation does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location.
View full support analysis