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Updated RecentlyCommercial Union Franchise
ATM machines
In the 30-some years since ATMs (Automated Teller Machines) were introduced, they have transformed the way most Americans deal with their money.
Originally located only in or near bank buildings, ATMs can now be found in conveneince stores, shopping malls, theatres, bowling alleys and dozens of other locations�anywhere people need cash. ATMs offer people convenient access to the money in their bank account or available through their credit card 24 hours a day, 7 days a week, in exchange for a modest fee. In the past, banks owned all the ATMs, now virtually anyone can purchase and place an ATM, and profit from a portion of those fees.
Anyone, that is, who can figure out the business. To be successful, the ATM owner must execute contracts and manage relationships with vendors, merchants, processors, banks and even the Federal Reserve .. deal with technical difficulties and insurance ... and provide ongoing customer service to individuals and merchants. It's a complex undertaking.
That's where we come in. Through building our own successful ATM business throughout the Rocky Mountain region, Commercial Union has learned what it takes to succeed. We've distilled our success into a system that can be learned and replicated. We teach this system to our franchisees, and we back up our teaching with solid support designed to help you succeed with your own ATMs and with additional franchisees that you bring into business.
For a relatively small investment of dollars and time, you can start to profit from your own ATM business. Interested? Become a Franchisee!
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Commercial Union Franchise?
The investment required to open a Commercial Union Franchise is $30,000. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Commercial Union name.
Individual Unit Costs
- Initial Investment:
$30,000 - Initial Franchise Fee:
$30,000 - Royalty Fee:
0 - Advertising Fee:
- Term of Agreement:
10 years
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When did Commercial Union start Franchising? 2002
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2003 | 6 | 0 | 0 | 1 |
| 2002 | 0 | 0 | 0 | 0 |
| 2001 | N/A | N/A | N/A | 0 |
| 2000 | N/A | N/A | N/A | 0 |
| 1999 | N/A | N/A | N/A | N/A |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Franchise can be run from home.
0% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed.
To calculate how much income a franchise owner can do at Commercial Union Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Commercial Union and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Commercial Union franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Commercial Union
Commercial Union Inc.
22185 E. Chestnut Pl.
Aurora,
CO
80016