Rank no. 347 – BookKeeping Express – US
Products & Services: Bookkeeping services
Number of Locations: 50
Total Investment: $39.34K – 55.04K
Began Franchising: 2008
About BookKeeping Express
BookKeeping Express (BKE) was started in 1984 to offer small business owners virtual assistance with bookkeeping and payroll and other back-office tasks. The business model was licensed initially, and grew to over 150 licensed locations throughout the U.S. In 2007, BKE was purchased by Greg Jones, Bob Stocker and Merritt Green, who moved the company headquarters to Virginia and began franchising the model in 2008.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $250,000
Liquid Cash Available: $75,000
Franchise can be run from home. Absentee ownership of franchise is allowed..
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|