Summary

General

Industry
A general sector of the franchise economy that helps characterize franchise concepts offering similar goods and/or services
Business & Professional Services
Category
A subset sector of industry characterizing franchise concepts offering similar goods and/or services
Staffing & Personnel

Year of Founding

2008

Works with Franchise Brokers

Seeking Franchisees?

Remote Management?
Indicates if the business can be managed by a manager remotely

Fees & Financing

Royalty Fee
Ongoing fee paid by a franchisee to the franchisor as part of the franchise agreement
10%
Marketing/Brand Fee
Amount of gross revenues required by the franchisor for marketing purposes
2%

Franchise Fee

$65,000

Min. Cash Required

$20,000

Investment Range

$90K-$93K
SBA Loan Approved
Franchise has been approved for SBA loans based on SBA loan data

Location units

Total U.S. Locations

196

U.S. Franchised Units

196

U.S. Corporate Units

0

Headquarters (City, State)

Scottsdale, AZ

Square Footage

Retail Location?

Other

Item 19 - Franchise Financials

Yes

Started Offering Franchises

2008

Issuance of FDD Data

2024-04-30

E-2 Visa Eligibility

Job Count ?

Key Financial Indicators

Figure
Industry %
Percentage of franchises with figures less than the figure for this franchise
Franchise Payback Period
Calculated based on ramp-up time, average unit volume, and profitability
Loan Success Ratio
# of SBA loans paid in full to loans that were charged off
Loan Default Rate
# of SBA loans recognized as a loss divided by total loans
Sales-to-Investment Ratio
Indicator of general economics for a franchise
Resale Value
Based on the earnings and multiples for this industry
Resale Value-to-Investment
Higher ratio indicates higher potential for returns
Franchise Cost
Franchise Fee

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

%8

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Franchise Disclosure Document Summary

Download the latest Franchise Disclosure Documents (FDD’s) for this franchise.

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Reported and Estimated Franchise Gross Sales and Earnings

Find available key financial metrics below.

Year

Gross Sales
Reported or estimated gross sales, representing sales generated by a single franchise unit over a period of one year.

Amount for the period Y/Y % Change

Earnings (Owner Operator)
Average expected earnings, based on industry margins, for a single franchise unit where the owner is the primary operator.

Amount for the period Y/Y % Change

Earnings (Semi-Absentee)
Average expected earnings, based on industry margins, for a single franchise unit where the owner is not the primary operator.

Amount for the period Y/Y % Change

2023

2022

2021

2020

2019

%8

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%8

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Franchise Openings and Closures

Year Start of year Units opened Units closed Reacquired by franchisor Total end of year
2023 171 46 21 0 196
2022 178 28 33 0 171
2021 179 26 27 0 178
2020 165 45 31 0 179
2019 136 38 7 0 167
2018 115 30 9 0 136
2017 95 37 13 0 119
2016 55 48 8 0 95

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Key Metrics & Financials

Detailed Metrics

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz.

You can find the available metrics for Patrice & Associates below.

“N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable.

When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Health Metrics

Growth Rate
Measures the overall growth of units for the franchise divided by the total units during a given time period

1 year / 3 years

Failure Rate
Measures the overall number of units that failed divided by the total units for the franchise during a given time period

1 year / 3 years

Franchise for Sale Rate
Measures the number of units that were transferred or reacquired by the franchisor divided by the total units for the franchise during a given time period

1 year / 3 years

Patrice & Associates

Industry median

All franchises median

15% / 10%

8% / 8%

8% / 8%

10% / 30%

8% / 8%

8% / 8%

2% / 2%

8% / 8%

8% / 8%

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Franchise Viability Benchmarking

Investment Midpoint

Franchise Fee Midpoint

Franchise Payback Period

Gross sales

Royalty Fee

Patrice & Associates

Industry median

All franchises median

$91,400

$8888

$8888

$65,000

$8,888

$8,888

8.8 years

8.8 years

8.8 years

$8,888

$8,888

$8,888

10%

8%

8%

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Franchisor Financials

Year

Franchisor Revenue

Amount for the period Y/Y % Change

Franchisor Royalty Fees

Amount for the period Y/Y % Change

Franchisor EBITDA

Amount for the period Y/Y % Change

Franchisor Net Income (Loss)

Amount for the period Y/Y % Change

2022

2021

2020

2019

%8

%8

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%8

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%8

%8

%8

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%8

%8

%8

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%8

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock Vetted Member access
Litigation & Bankruptcies

Lawsuits and Litigation

Pending and concluded litigation

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Bankruptcies

Disclosed bankruptcy information

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Content Library

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Contacts & Social Media
Website
w**.*********.com
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Phone
(***) ***-***
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Corporate Email
m***@****.com
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State
Arizona
City
Scottsdale
Zip Code
85255
Mailing adress
9112 East Verde Grove View | Suite 101-E

What to know about Patrice & Associates franchise?

Since its inception in 2008 , Patrice & Associates franchise has stood as a cornerstone in the global Business & Professional Services. With a pioneering role in the franchise business, Patrice & Associates has consistently set the standard for excellence and innovation. It's worth noting that Patrice & Associates began offering franchises in 2008, marking a significant milestone in the company's history.

Additional Details

The cost of opening a Patrice & Associates franchise can vary depending on a number of factors. On average, you can expect to invest between $90K-$93K. This range includes expenses like the initial franchise fee, equipment, signage, seating, and other essential costs.

The profitability of a Patrice & Associates franchise can vary widely depending on factors such as location, operating costs, management efficiency, and local market conditions. If you are interested in knowing more about how profitable a Patrice & Associates franchise is and its average unit volume, make sure to click here and become a Vetted Member to unlock access.

Patrice & Associates operates a vast network of franchise locations, with a total of 196 in the United States alone. Out of these, 196 are franchised units, while 0 are corporate-owned. This extensive franchise presence showcases the brand's widespread reach and popularity in the U.S. market.

The franchise fee for Patrice & Associates typically ranges from 65000 to 65000. Additionally, franchisees are required to pay a royalty fee of 10% and a marketing fee of 2% of their monthly sales. These fees contribute to the ongoing support, marketing efforts, and brand development provided by Patrice & Associates to its franchise network.

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