Locations for Sale
Existing Pacific Pride locations are periodically placed on the market and offer a turn key opportunity. View locations for sale
As a Pacific Pride franchisee, you're in the business for yourself, but never by yourself. Our team is with you every step of the way.
It starts with a completed franchisee preliminary questionnaire. Once we've received this, we'll assist you through each step of the approval process.
In the second quarter of 2018, we expect to be working again with prospective franchisees about the prospects of joining our network.
View the approval timeline to learn specifics of the approval and on-boarding process:
Non Disclosure Agreement or confidentiality agreement that is signed as a formal agreement in which you the prospect and Pacific pride agree to share and give information about their respective businesses. We require this to ensure we understand your specific business case and needs.
This is a get to know you and your business discussion with your management team. The Sales Manager will walk you through a series of Pacific Pride videos and presentations to give you a run-down on who we are, what we do, and how it's all done to give you the confidence and information you need to move forward to meet your business needs.
The area that you wish to build your location, convert or possibly purchase an existing commercial Cardlock. We place our card lock locations x distance apart from one another.
We do have existing stores where owners have decided to sell their card locks this is a potential advantage for you as there is an established customer base and a track record of financial statements to help the new owner estimate future performance. The initial fee for a transfer is lower than a new franchise and you assume the royalty (though not the timeline for future royalty reductions) of the existing Cardlock. There are also employees who are already trained. On the flip side, a new owner will need to handle employee transition issues and sometimes that can be difficult.
Read it thoroughly. You'll learn about Pacific Pride's history, training and marketing programs, and what costs, royalties and fees you'll have to pay. The FDD clearly explains the responsibilities of the prospective franchisee (you) and the franchisor Pacific Pride. Reviewing and understanding it is a very significant part of your research.
Getting feedback from existing Pacific Pride franchisees is one of the most important steps you can take to judge how happy you'll be with Pacific Pride. They're your best source of information about what really happens in the business day to day. Ask what they like and dislike, if they're happy with corporate support, and even get a feel for their earnings. Gather a variety of opinions and you'll get a clear picture not only of the franchise itself but of how you'd fit into the organization.
This is one of the key steps in our Pacific Pride franchise process. Pacific Pride requires as part of this process your authorization for a credit review.
Once the application is approved and the Pacific Pride prospect has decided to move forward with the purchase, a conference call will be scheduled by the Account Manager where the Director of Pacific Pride Sales & Strategic Development will ask specific questions to ensure the prospective buyer has done their due diligence and answers any questions they might still have at that time. This is the final step prior to signing the franchise agreement.
An overview of the project plan, owners, timing and tasks will be reviewed with your team. We will schedule regular calls to ensure tasks and timelines stay on track for your grand opening. There are a lot of moving parts and we help you by assigning a dedicated implementation manager who will guide you through the process. You will meet your team via conference calls primarily and during your on site visit have an opportunity to meet face-to-face.
Now that you are a franchise, the goal of this program is to you trained and set up in your own commercial Cardlock. To do this, your trainers will be a variety of people at first. Your Implementation/Account Manager will help coordinate this 3 day training through our training specialist. This training is offered quarterly. There are certain daily, weekly, monthly and annual tasks that you will need to become knowledgeable in. We are here to get you started. Once you go back to your office, you will have a document that outlines what you need to do. We are here for support along the way. Plus pre-recorded webinars are available any hour of the day - 7 days a week. It is ultimately your responsibility to make sure that you are being trained at a pace that is right for you and that you have the information you need to run your business.