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Initial Qualification Form

The following information is necessary in evaluating your qualification to be awarded a franchise. Should you qualify and a mutual interest develops, additional information may be requested. This form must be completed before continuing with the franchise process. The information you provide will be treated in the fullest confidence. Completing this questionnaire does NOT obligate you to Peerless Franchise, LLC in any way. If more than one person (or couple) will be involved, please complete a separate form.

You may also print and fill out a paper version of this form (click here) and return it by fax or mail to:

Fax: 207-846-0057

Mail:
Peerless Franchises, LLC
500 U.S. Route One, Suite 21B
Yarmouth, Maine 04096

E-mail: paul@yourfranchiseresource.com

Personal Information

First Name
Last Name
    Ms
E-mail Address
Date of Birth (ex. 10/21/1970)
Address
City
State
ZIP (Postal Code)

              How long?      

Business Phone
Home Phone
Best time to call
U.S. Citizen
(If not a US citizen, please note country of citizenship.)
   
Country
Marital Status
Single Married Divorced
Separated Widowed
Spouse's Name
Spouse's Occupation
Will your spouse be involved in the business?
  
Number of Dependents
Are you currently using the services of a Franchise Consultant/Coach?
  
Have you ever been self-employed?
  
What type of business?
How many years?
How long have you been looking for a business?
      
When do you plan to start running a franchise business?
What other businesses have you looked at?
What other businesses are you still considering?
Will you have partners? (Other than your spouse.)
  
What attracts you to business ownership and what are you looking for (expecting) in owning your own business?
What part will you play in the business?
  
Are you interested
in multiple units?
  
What amount of time do you plan to devote to the business?
  
Income expectations
($)
After 1st year
After 2nd year
After 3rd year


Present Occupation

Company
Address
Date Started
Position
Monthly Income
($)


Previous Experience

Company
Address
From
    to     
Position
Monthly Income
($)


Financial Information
When you find the perfect business, how much money are you prepared to invest?
($)
Where will the funding come from to pay for the franchise opportunity? (Be specific)


Source(s) of Income (Yearly)
Please enter whole numbers without decimals,
commas or currency symbols.
Salary
($)
Bonus/Commissions
($)
Dividends
($)
Real Estate Income
($)
Other Income
($)

Total Yearly Income
$




Income Notes

Assets ($)

Liabilities ($)

Please enter whole numbers without decimals,
commas
or currency symbols.

Cash on Hand
Savings Account
Cash in Profit-Sharing or Other Company Programs
Accounts and Loans Receivable
Life Insurance (Cash Value)
Stocks and Bonds
Real Estate
Automobiles (in own name)
Personal Property
Value of Business (if self-employed)
Other Assets
Notes Payable to Banks
Notes Payable to Others
Installment Acct's. Payable
Mortgage Payables (1st)
Mortgage Payables (2nd)
Unpaid Real Estate Taxes
Unpaid Income Taxes
Secured Loans
Other Debt
   
  
  
  

Total Assets $


Total Liabilities $



Total Net Worth (Assets Less Liabilities) $     



Do you plan to borrow against property you own?
    
Amount of Equity?
($)


Franchise Interests
Select and rank 4 categories that are of the most interest to you and tell us why. Also, please select any categories that are of no interest of all.
Automotive
Why?
Rank 1 - 4         No interest
Computer Tech
Why?
Rank 1 - 4         No interest
Maintenance
Why?
Rank 1 - 4         No interest
Hair Styling
Why?
Rank 1 - 4         No interest
Employment & Personnel
Why?
Rank 1 - 4         No interest
Maid Service & Cleaning
Why?
Rank 1 - 4         No interest
Retail Sales
Why?
Rank 1 - 4         No interest
Coffee
Why?
Rank 1 - 4         No interest
Laundry & Dry Cleaning
Why?
Rank 1 - 4         No interest
Repair/Restoration/Decorating
Why?
Rank 1 - 4         No interest
Child Education
Why?
Rank 1 - 4         No interest
Health, Beauty & Nutrition
Why?
Rank 1 - 4         No interest
Printing & Copying
Why?
Rank 1 - 4         No interest
Sports
Why?
Rank 1 - 4         No interest
Food-Related Businesses
Why?
Rank 1 - 4        No interest
Packaging & Mailing
Why?
Rank 1 - 4        No interest
Building, Storage
Why?
Rank 1 - 4        No interest
Financial Services
Why?
Rank 1 - 4         No interest
Management & Training
Why?
Rank 1 - 4         No interest
Misc. & Unique
Why?
Rank 1 - 4         No interest
Energy
Why?
Rank 1 - 4         No interest
Signs
Why?
Rank 1 - 4         No interest
Other
Why?
Rank 1 - 4         No interest


Referral
Do you know anyone else who would benefit from the services offered by Peerless Franchises, LLC?   
May we contact them?
  

Name

Telephone

Email


Initial Qualification Form: Quick Financial Analysis
Select the corresponding description that best represents the closest match in each category.

1. Liquid Capital Available (can write a check for)
Less than $20,000
$20,000-$30,000
$30,000-$50,000
$50,000-$100,000
Above $100,000

2. Total Amount Willing/Able to Finance
Less than $50,000
$50,000-$100,000
$100,000-$250,000
$250,000-$500,000
Above $500,000

3. Net Worth
Under $100,000
$100,000-$200,000
$200,000-$500,000
Above $500,000

4.Business Setup
Home-Based
Virtual Office
Business Space
Retail Space
Industrial Space

5. Net Income Expectations
Under $40,000
$40,000-$60,000
$60,000-$100,000
Above $100,000

6. Location/Territory Preference

Single Unit/Territory
Multiple Locations/Territories

7. Employee Management

No employees
1-3 Employees
3-10 Employees
Over 10 Employees

8.Monthly Overhead Expense Preference
Less than $500 per month
$500 to $3,000 per month
$3,000-$7,000 per month
Above $7,000 per month

9.Inventory On Hand Preference
No inventory
Less than $3,000 on hand
$5,000-$25,000 on hand
Above $25,000 on hand

10.Desired Hours of Operation
No Set Hours
9 a.m. to 5 p.m.
6 a.m. to 10 p.m.
24 Hours

11.Desired Operational Days
No Set Schedule
Open 5 Days Per Week
Open 6 Days Per Week
Open 7 Days Per Week

12.Franchise Skill Level Preference
Professional Level (Direct Sales, Consulting)
Management Level (Organizational Management)
Craftsman Level (Significant Training, Possible License Required)
Entry Level (Hourly Employee)

13.Name Recognition
Not Important
Limited Brand Name
Regional Brand Name
National Brand Name

14.Franchise Support
No Support Wanted
Minimal Support as Needed
Direct Interactive Support
Quarterly Hands-On Support

15. Ownership Preference
Part-Time
Passive
Active Individual
Active Family
Multiple Owners

16.Time Frame for Starting Franchise
Immediate
1-3 Months
3-6 Months
6-12 Months
More Than 1 Year

17.Franchise Model Preference
Traditional Business Model
Unique Business Model (Niche Industry)
Next Generation Business Model (Trend Setting)

18.Franchise Model Preference
Retail Shop or Food Industry
Service (Provide skilled services to the general public)
Home-Based
Business-to-Business (Products/Services exclusively to businesses)
Passive/Absentee (Investment return is most important characteristic)


Acknowledgement

    I certify that the information provided on this questionnaire is complete and accurate. I hereby authorize verification of the above information from credit-reporting agencies. It is understood that this is a preliminary application and does not bind any party to any obligation. THIS IS NOT A CONTRACT.


You may also print and fill out a paper version of this form (click here) and return it by fax or mail to:

Fax: 207-846-0057

Mail:
Peerless Franchises, LLC
500 U.S. Route One, Suite 21B
Yarmouth, Maine 04096

E-mail: paul@yourfranchiseresource.com


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