Rank no.326 – Multivista – US
Products & Services: Photo, video and webcam services to the construction industry
Number of Locations: 45
Total Investment: $90K – 526K
Began Franchising: 2007
Multivista was founded by Luis Pascual and Graham Twigg, who combined their respective experience in construction and technology to create an online, cloud-based way for construction professionals to monitor and document building projects. Multivista franchisees offer webcam feeds, and photo and video documentation of construction projects, available to clients online at any time.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $20,000 – $142,500
Ongoing Royalty Fee: 18%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $500,000
Liquid Cash Available: $100,000 – $500,000
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|