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Sonitrol

Franchise

Sonitrol was founded by Robert Baxter originally in 1960 as a company that would incorporate his various sound-related inventions. Everything changed when police officer and alarm company owner Al Cronk hired Baxter to manage his company's equipment. Baxter's innovations proved so successful that Sonitrol soon evolved from an invention company into a security franchise opportunity in 1965. A subsidiary of Tyco International Ltd., the Sonitrol Network has franchisees in the United States, Canada and the United Kingdom.

Facts & Figures

Liquid capital required
$100,000
Net worth required
$250,000
Investment
$250,000 - $600,000
Franchise fee
$20,000
Units in operation
212

Overview

The capital required to open a unit is $100,000. The franchise expects its new franchisees to have a net worth of at least $250,000. The minimum you would expect to invest in a Sonitrol location is $250,000. The most the franchisor could ask you to invest is $600,000 if you want to become a franchisee. New franchisees can expect to pay a $20,000 franchise fee for the rights to open their own location. There are currently 212 Sonitrol units in operation.

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