Amramp

Description

Amramp is the only national company that provides in home estimates and also offers ramps to purchase or rent. With the retirement age increasing, seniors want and need to be mobile. Amramp, the leading U.S. Company specializing in modular steel ramps, helps to promote independence in seniors by offering specialized products to curtail the amount of needless accidents. American Ramp Systems was recently named one of the “Top 10 Franchises for a Recession” by The Online Marketing Network.

Background

Year Established: 1998
Year First Franchised: 2002
Franchised Units: 10-50
Actual number of units: 39
Company Owned Units: 1
Projected New Units (12 months): 12

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No

Notes:


States/Countries Registered In: All except North and South Dakota, Hawaii, and Rhode Island
Availability in Canada: Masters / Area Developer: N/A
States, Countries or Geographical Areas from which "Broker Referrals" are not being accepted: Not accepting Outside USA; CT, RI, NJ, SC, MD, MA, OK

 

Financial / Terms

Cash Investment: $50,000
Minimum Investment: $111,600
Minimum Net Worth: $200,000
Franchise Fee: $44,250

Royalty: 12%
Ad: 1%
Average # of Employees: 2-3
Passive Ownership Allowed: Yes
Earnings Claims: Yes

Notes:

Total Investment: $111,600-$188,870
Franchise Fee: $44,250 per million population or $19,000 for territories of less than one million population
Royalty: 12% (phased over 4 years)
Passive Ownership Allowed: Possibly, as long as certain qualifications are met.


Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: No
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Co-operative Advertising: No

Notes:

1 week of at AmRamp U. in Boston, unlimited phone support, annual visits, unlimited engineering support, marketing support, annual convention

Financial Assistance Provided: SBA Franchise Registry

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474