Start-Up Costs and Fees |
||
| NightOwl Convenience Store | am/pm Convenience Stores | |
| Investment | 315000 - 395000 | 440291 - 10405152 |
| Franchise Fee | ||
| Royalty Fee | 11%-14% | |
| Advertising Fee | 5.50% | |
| Year Founded | 0 | 1975 |
| Year Franchised | 0 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NightOwl Convenience Store | am/pm Convenience Stores | |
| Experience | - U.S. citizenship, or permanent resident alien status with a minimum age of 21 years old - Personal participation in operating a retail facility (minimum of 40 hours per week) - Successfully complete all training requirements - Good credit record / credit history evidenced by prompt payment of all financial obligations - Liquid capital required may be $1,200,000 or higher - Possess an entrepreneurial attitude, creativity and the ability to make sound business decisions - Ability to create and implement a comprehensive business plan - Ability to successfully execute the am/pm franchise operational procedures - Excellent project management skills and attention to detail - Ability to obtain/qualify for a beer and wine sales license for off-site consumption | |
Financing Options |
||
| NightOwl Convenience Store | am/pm Convenience Stores | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| NightOwl Convenience Store | am/pm Convenience Stores | |
| Training | Your training never really stops. From the day you decide to become a NightOwl franchisee for as long as you are with us, we are always looking for opportunities to improve your training, your staff training and the efficient way your business operates. The NightOwl training system is comprehensive and will ensure you are well equipped to profi tably run your NightOwl franchise. | On-The-Job Training: 120 hours Classroom Training: 66 hours Additional Training: In-class sessions & hands-on training |
| Support | The NightOwl philosophy is one of complete support. You will be assisted in every aspect of your new career as a NightOwl Franchisee. From site selection, staff recruitment and training to landlord relations and store layouts and ranging, we are with you every day and every step of the way. | Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations |
| Marketing | Co-op Advertising Regional Advertising Social media Loyalty program/app | |
| Operations | Number of Employees Required to Run: 10 | |
Expansion Plans |
||
| NightOwl Convenience Store | am/pm Convenience Stores | |
| US Expansion | Arizona, California, Nevada, Oregon, Washington | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Franchise Fee | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Royalty Fee | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | 11%-14% |
| Advertising Fee | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | 5.50% |
| Year Founded | |
| NightOwl Convenience Store | 0 |
| am/pm Convenience Stores | 1975 |
| Year Franchised | |
| NightOwl Convenience Store | 0 |
| am/pm Convenience Stores | 1979 |
| Term Of Agreement | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Renewal Fee | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | $35K-60K |
Business Experience Requirements |
|
| Experience | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | - U.S. citizenship, or permanent resident alien status with a minimum age of 21 years old - Personal participation in operating a retail facility (minimum of 40 hours per week) - Successfully complete all training requirements - Good credit record / credit history evidenced by prompt payment of all financial obligations - Liquid capital required may be $1,200,000 or higher - Possess an entrepreneurial attitude, creativity and the ability to make sound business decisions - Ability to create and implement a comprehensive business plan - Ability to successfully execute the am/pm franchise operational procedures - Excellent project management skills and attention to detail - Ability to obtain/qualify for a beer and wine sales license for off-site consumption |
Financing Options |
|
| Franchise Fees | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Start-up Costs | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Equipment | |
| NightOwl Convenience Store} | |
| am/pm Convenience Stores | |
| Inventory | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Receivables | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
| Payroll | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |
Training & Support |
|
| Training | |
| NightOwl Convenience Store | Your training never really stops. From the day you decide to become a NightOwl franchisee for as long as you are with us, we are always looking for opportunities to improve your training, your staff training and the efficient way your business operates. The NightOwl training system is comprehensive and will ensure you are well equipped to profi tably run your NightOwl franchise. |
| am/pm Convenience Stores | On-The-Job Training: 120 hours Classroom Training: 66 hours Additional Training: In-class sessions & hands-on training |
| Support | |
| NightOwl Convenience Store | The NightOwl philosophy is one of complete support. You will be assisted in every aspect of your new career as a NightOwl Franchisee. From site selection, staff recruitment and training to landlord relations and store layouts and ranging, we are with you every day and every step of the way. |
| am/pm Convenience Stores | Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations |
| Marketing | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | Co-op Advertising Regional Advertising Social media Loyalty program/app |
| Operations | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | Number of Employees Required to Run: 10 |
Expansion Plans |
|
| US Expansion | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | Arizona, California, Nevada, Oregon, Washington |
| Canada Expansion | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | 0 |
| International Expansion | |
| NightOwl Convenience Store | |
| am/pm Convenience Stores | |