The Plug Powered by AVANCE
A retail store specializing in printing, customization, and engraving services for apparel, paper products, and related products from a single fixed location.
Your franchise match score
Business & Professional Services
Brand highlights
- CEODavid Burchett Sr.
- Headquarters3652 W 111th Street, Chicago, IL, 60655
- Year founded2020
- Year started franchising2023
- IndustryBusiness & Professional Services
- Locations open6 (+5 last three years)
Statistics & metrics
- Investment range$206,651 - $343,955
- Franchise fee$50,000
- RoyaltyMonths 1 through 12: $138 per week; Months 13 through 120: 6% of Gross Sales for annualized Gross Sales up to $399,999.99; 4% of Gross Sales for annualized Gross Sales from $400,000 to $999,999.99; and 3% of Gross Sales for annualized Gross Sales of $1,000,000 or greater
- Brand fundUp to 2% of Gross Sales, currently: 2% of Gross Sales for annualized Gross Sales up to $399,999.99; 1.5% of Gross Sales for annualized Gross Sales from $400,000 to $999,999.99; and 1% of Gross Sales for annualized Gross Sales of $1,000,000 or greater
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Business & Professional Services industry:
From consulting and staffing to printing and shipping, business services franchises provide essential support to other companies. This sector is ideal for those with a background in corporate environments or B2B sales.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2023-06-21
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about The Plug Powered by AVANCE, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of The Plug Powered by AVANCE's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving The Plug Powered by AVANCE, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a The Plug Powered by AVANCE franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information The Plug Powered by AVANCE provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 6 |
| Franchise locations | 1 |
| Corporate locations | 5 |
System growth over time
FAQs
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