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Inner Circle International, The
Inner Circle is a peer advisory franchise that provides a confidential, non-competitive environment for small and medium business owners to discuss a variety of topics related to business ownership and personal fulfillment. Each 'Circle'(regional meeting group), contains a purposeful mix of personality types and industries, providing a breadth of perspectives and insights that cannot be achieved elsewhere. Mature business owners, new entrepreneurs and family owned businesses all have a place in the 'Circle'. Each Inner Circle is a peer group of 8-10 individuals who own and operate growing companies. An Inner Circle meets once a month for three hours with a proprietary format that focuses on each member as a person and as a business owner. As an Inner Circle franchisee, you facilitate group members as they provide one another with objective, high quality professional counsel as well as direct, no-holds-barred insights.
Facts & figures
Inner Circle International is a privately owned business focused on providing ways for business owners to meet and exchange business ideas and methods. Currently headquartered in Independence, Ohio, Inner Circle International has six locations, four in Minnesota, one in Tennessee and one in Maryland. Today, Inner Circle is looking to expand into Florida, Illinois, Michigan, New York, Oregon, Washington, Wisconsin, as well as expand in the states that currently have other Inner Circle locations.
InnerCircle International Franchise Opportunities - History
Inner Circle was founded in 1985 in Minneapolis, Minnesota, began franchising in 1997 and was purchased by Merrymeeting Group (MMG) in June 2008. MMG is a Cleveland-based investment and management firm that exclusively focuses on acquiring and developing franchisors and their franchised business operations. MMG's goal is to become a leading provider of both value-added capital and management services to the franchising industry and they currently support more than 1,700 franchise locations worldwide through its seven franchise companies.
InnerCircle International Franchise Cost / Initial Investment /
InnerCircle International Franchise Income
The initial franchise fee to open an Innercircle International location is $25,000 and a total initial investment ranging from $31,250 to $59,000. Innercircle also has an ongoing royalty fee ranging 10% and up. All interested franchise partners must have a minimum net worth of $500,000 with $80,000 in liquid assets. There is currently no estimated annual revenue for any Innercircle location at this time.
InnerCircle International Franchise Business Opportunities: Other
Information
Inner Circle International, Ltd. franchises businesses that market, facilitate and conduct meetings for business owners and executives. Our aim is to build better business and richer lives for our Franchisees and Members Financial net worth of $150,000 minimum, financial resources to provide outside income while business is building. Other-centered attitude and the ability to connect and communicate with people.
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