Cartex Limited

Founded: 1987 Franchising since: 1988

6543 Arrow Dr. Sterling Heights, Michigan 48314

Phone: (800)421-7328/ (586)739-4330

Franchisor is a privately-held company with 10 employee(s); 3 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	76	1	1	1
2008	--	--	--	--
2007	--	--	--	--
2006	--	--	--	--
2005	116	1	0	0

Where Seeking Franchisees
In the U.S. Alabama, Arizona, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, North carolina, North dakota, New mexico, Nevada, New york, Ohio, Pennsylvania, South carolina, South dakota, Tennessee, Texas, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 500,000-1.2 million+ population

Total investment: $39.9K-90.6K Franchise fee: $19.9K

Ongoing royalty fee: 7% Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $35K

Operations

• Franchise can be run from home
• 10% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 1 - 3
• Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Training

• At franchisee's location: 1 week
• Initial training in the field : 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Internet
• Field operations/evaluations

Franchise 500® rank:
#354 (2006); #232 (2005);

Ranked #1 in category in:
2005;

Low-Cost Franchises:
#94 (2006); #61 (2005);

Top Home Based Franchises:
#99 (2006); #63 (2005);

America's Top Global Franchises:
#180 (2005);