News Column

Looking Better by the Day

July/August 2003, HISPANIC BUSINESS Magazine

Tim Dougherty

Economic uncertainty or no, franchising remains an exciting option for those who want to test the entrepreneurial waters. In fact, now may be an uncommonly good time to explore franchising opportunities, according to Tom Portesy, president of MFV Expositions.

"I've been in this business 20-some years, and I've never experienced an economic environment that is more picture-perfect for franchise development," says Mr. Portesy, whose company organizes the International Franchise Expo, an annual industry trade show.

Economic downturns tend to pique interest in franchising, particularly among people who have lost their jobs. The current climate is unique, however, by virtue of its historically low interest rates and high home values. The latter is significant because many people fund franchising startups by borrowing against their home equity, notes Mr. Portesy.

The International Franchise Association estimates that each year upwards of 20,000 new franchisees open their doors for the first time. Moreover, the industry continues to expand beyond the stereotypical fast-food model. The nation's franchisors represent scores of industries, and most operate small-business systems.

Such systems present excellent opportunities for individuals who don't have significant capital to fund a franchising venture. Numerous franchising operations require an initial investment of less than $50,000, according to Mr. Portesy.

"Most people don't have a clue about how big the franchising industry is," says Howard Bassuk, founder, president, and chairman of the board of The Franchise Network Group, a franchising consultancy.

Mr. Bassuk and many analysts agree that Hispanics and other minorities are well positioned to take advantage of the industry's increasing emphasis on underserved communities.

"Latinos are now being viewed as one of the franchise sector's best hopes for long-term growth," says Laura Sonderup, director of Heinrich Hispanidad, a Denver-based adver-tising agency.

As a result, the franchising industry is reaching out to Hispanic entrepreneurs with special financing programs and other incentives. Aaron's Sales & Lease, for example, is aggressively recruiting Hispanics in Florida in part by offering unique financing packages through the Small Business Administration and lending institutions.

The National Minority Franchising Initiative (www.minorityfranchising.com) produces a guide that includes information on more than 590 companies with minority outreach programs.

The guide also includes an overview of articles on minority franchising and resources available to prospective franchisees.




FRANCHISE CONTACTS

ART SUPPLIES
FastFrame USA
1200 Lawrence Dr., # 300
Newbury Park, CA 91320-1234
(888) TO-FRAME; (805) 498-4463
Fax: (805) 498-8983
brenda@fastframe.com
www.fastframe.com

AUTOMOTIVE
Brake Masters
6179 E. Broadway Blvd.
Tucson, AZ 85711
(800) 888-5545; (520) 512-0000
Fax: (520) 512-1000
franchisee@brakemasters.com
www.brakemasters.com

Speedee Oil Change & Tune-Up
159 Hwy. 22 East
Madisonville, LA 70447-1035
(800) 451-7461; (985) 845-1969
Fax: (985) 845-1936
donna@speedeecorp.com
www.speedeecorp.com

BUSINESS SERVICES
AIM Mail Centers
15550-D Rockfield Blvd.
Irvine, CA 92618
(800) 669-4246; (949) 837-4151
Fax: (949) 837-4537
mherrera@aimmailcenters.com
www.aimmailcenters.com

PostNet Postal & Business Centers
181 N. Arroyo Grande Blvd., #100 A
Henderson, NV 89014-1630
(800) 841-7171; (702) 792-7100
Fax: (702) 792-7115
spin@postnet.com
www.postnet.net

CLEANING & SANITATION
Coverall North America
500 W. Cypress Creek Rd., #580
Ft. Lauderdale, FL 33309-6141
(800) 537-3371; (954) 351-1110
Fax: (954) 492-5044
jcaughey@coverall.com
www.coverall.com

Duraclean International
220 W. Campus Dr.
Arlington Heights, IL 60004-1485
(800) 251-7070; (847) 704-7100
Fax: (847) 704-7101
info@duraclean.com
www.duraclean.com

Jani-King International
16885 Dallas Pkwy.
Addison, TX 75001
(800) 526-4546; (972) 991-0900
Fax: (972) 991-5723
info@janiking.com
www.janiking.com

ServiceMaster Clean
860 Ridge Lake Blvd.
Memphis, TN 38120-9792
(800) 230-2360; (901) 684-7500
Fax: (901) 684-7580
mporada@smclean.com
www.ownafranchise.com

EMPLOYMENT SERVICES
Express Personnel Services
8516 Northwest Expy.
Oklahoma City, OK 73162-5145
(877) 652-6400; (405) 840-5000
Fax: (405) 717-5665
tom.gunderson@expresspersonnel.com
www.expressfranchising.com

GROCERY & SPECIALTY STORES
7-Eleven Inc.
P.O. Box 711
Dallas, TX 75204-2911
(800) 255-0711; (214) 828-7764
Fax: (214) 841-6776
jwebbj@7-11.com
www.7-eleven.com

General Nutrition Centers
300 Sixth Ave.
Pittsburgh, PA 15222-2514
(800) 766-7099; (412) 288-2043
Fax: (412) 288-2033
rcooper@gncfranchising.com
www.gncfranchising.com

LEARNING AIDS
Sylvan Learning Centers
1001 Fleet St.
Baltimore, MD 21202-4382
(800) 284-8214; (410) 843-8000
Fax: (410) 843-6265
greg.helwig@educate.com
www.sylvanfranchise.com

Tutor Time Learning Centers
One Park Pl.
Boca Raton, FL 33487
(888) 678-4631; (561) 237-2208
Fax: (561) 237-3431
pcampolo@tutortime.com
www.tutortime.com

PRINTING & SIGNS
Kwik-Kopy Printing
12715 Telge Rd.
Cypress, TX 77429-2289
(888) 280-2053; (281) 256-4100
Fax: (281) 256-4178
kksales@kwikkopy.com

Sign-A-Rama
1801 Australian Ave., S.
West Palm Beach, FL 33409-6465
(800) 776-8105; (561) 640-5570
Fax: (561) 640-5580
csimnick@signarama.com
www.signarama.com

Signs Now
4900 Manatee Ave. W.
Bradenton, FL 34209-3859
(800) 356-3373; (941) 747-7747
Fax: (941) 750-8604
franchiseinfo@signsnow.com
www.signsnow.com

Sir Speedy
26722 Plaza Dr.
Mission Viejo, CA 92691-6390
(800) 854-3321; (949) 348-5000
Fax: (949) 348-5068
cluther@sirspeedy.com
www.sirspeedy.com

RENTALS
Aaron's Sales & Lease
309 E. Paces Ferry Rd., NE
Atlanta, GA 30305-2377
(800) 551-6015; (678) 402-3500
Fax: (678) 402-3540
kim.vanwagner@aaronrents.com
www.aaronsfranchise.com

Thrifty Car Rental
5310 E. 31st St.
Tulsa, OK 74135
(800) 532-3401; (918) 669-2219
Fax: (918) 669-2061
franchisesales@thrifty.com
www.thrifty.com

U-Save Auto Rental of America
4780 I-55 N., # 300
Jackson, MS 39211
(800) 438-2300;
(601) 713-4333, ext. 146
Fax: (601) 713-4330
info@usave.net
www.usave.net

RESTAURANTS, DRIVE-INS, CARRY-OUTS
Bennigan's Grill & Tavern
6500 International Pkwy., # 1000
Plano, TX 75093
(800) 543-9670; (972) 588-5770
Fax: (972) 588-5806
franchise@metrogroup.com
www.bennigans.com

El Pollo Loco
3333 Michelson Dr., # 550
Irvine, CA 92612
(800) 997-6556; (949) 399-2055
Fax: (949) 399-2025
mcontreras@elpolloloco.com
www.elpolloloco.com

KFC
1441 Gardiner Ln.
Louisville, KY 40213
(800) 544-5774; (502) 872-2021
Fax: (502) 874-5306
steve.provost@tricon-yum.com
www.kfc.com

McDonald's
2911 Jorie Blvd.
Oak Brook, IL 60523-2114
(888) 800-7257; (630) 623-3403
Fax: (630) 623-5658
john.kujawa@mcd.com
www.mcdonalds.com

Quizno's Classic Subs
1415 Larimer St., #3B
Denver, CO 80202-1743
(800) 335-4782; (720) 359-3333
Fax: (720) 359-3399
pmeyer@quiznos.com
www.quiznos.com

Subway Restaurants
325 Bic Dr.
Milford, CT 06460-3072
(800) 888-4848; (203) 877-4281
Fax: (203) 783-7325
franchise@subway.com
www.subway.com

Taco Bell
17901 Von Karman Ave.
Irvine, CA 92614-6253
(949) 863-4500
Fax: (949) 863-4793
frecruit@tacobell.com
www.tacobell.com

TCBY Treats
2855 E. Cottonwood Pkwy., # 400
Salt Lake City, UT 84121-7037
(800) 348-6311; (801) 736-5730
Fax: (801) 736-5936
scottm@mrsfields.com
www.tcby.com

TOOLS & HARDWARE
Snap-on Tools
2801 80th St.
Kenosha, WI 53141-1410
(800) 786-6600; (262) 656-6516
Fax: (262) 656-5088
ray.moore@snapon.com
www.snapon.com


Contact information for many more companies is available at www.minorityfranchising.com.



Source: HISPANIC BUSINESS Magazine


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