American Title Loans
Vehicle title loans- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$253K - $434K
- Units as of 2016
-
27 285.7% over 3 years
Company Overview
About American Title Loans
Industry | Financial Services |
---|---|
Related Categories | Miscellaneous Financial Services, Miscellaneous Services |
Founded | 2006 |
Leadership | Michael Debenham, Founder and CEO |
Corporate Address |
3355 S. State St. Salt Lake City, UT 84115 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2013 (10 years) |
---|---|
# of employees at HQ | 7 |
Where seeking |
This company is offering new franchisees in the following US states: |
# of Units | 27 (as of 2016) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a American Title Loans franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$45,000 |
---|---|
Initial Investment
|
$253,294 - $434,459 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$300,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 5 days |
---|---|
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 2 |
Are exclusive territories available?
|
No |
Interested in ownership opportunities like American Title Loans? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where American Title Loans landed on this year's Franchise 500 Ranking versus previous years.
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