How to Start an ampm Mini Market Franchise
Having your very own ampm convenience store franchise can be a risky but a very rewarding business venture, which is exactly what an ambitious and well-rounded businessman like you needs.
An ampm mini market franchise is perfect for people who want to start a career in the industry and make it big in the customer service business.
The Company requires all potential franchises with basic business abilities and necessary experience in the field. Personal drive for success in the business and financial capability is also needed to sign the deal.
To qualify for an ampm franchise, you should be a legal US citizen, at least 21 years of age, and ready to make round the clock commitment to the business. A significant financial commitment as well as time and energy are required from you to be big in the mini-market industry.
At least 40 hours/week of personal participation is needed to operate a franchise of ampm. You must also have a good credit history, good entrepreneurial attitude, ability to make best business decision and creative thinker.
Cost of Investment
Starting your own ampm mini market franchise will cost you from $2,496,150 - $6,267,875. The amount already includes the estimated real estate costs and initial franchising fee. This is relatively cheaper that other franchising units in the food and gas industry. The company’s website, on the other hand, failed to mention whether the cost of equipment will be included in the initial start up cost. You must also have a liquid capital of around $700,000 - $1,000,000.
Return of Investment
The return of investment in the ampm franchise has grown significantly in the past years of operations, with people going more and more to convenient mini market rather than big superstores for cheaper selections.
The main company is in charge of your staff’s training. A round-the-clock support is always available to all franchises under its name. Your staff will be subjected to extensive technical and operational training for best financial result all the time. Management training can also be provided to you and your management staff should you need one. Annual convention and regional seminars are also available.
Promotion and Advertising
Supports using Meeting, Newsletter, Toll-free hotline, Internet and Security procedures, Field operations and evaluations are the main advertising being implemented by the company. In terms of marketing, the company offers Co-op advertising, Ad slicks, National media, Regional advertising.
Other supports like geographic location and site requirements will be handed down by the company depending on the qualified franchisee’s specification. The company also offers options such as access to existing infrastructure. Other incentives can cover construction program management and access to state-of-the-art architectural design experts to give advice and provide a smooth and seamless construction of your stores. Financial incentives through banks will be able to qualified franchisee.
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