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.
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Liquid capital required
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$100,000
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Net worth required
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$250,000
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Investment
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$250,000 - $600,000
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Franchise fee
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$20,000
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Units in operation
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212
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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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Sonitrol is listed in the Franchise Directory under the Business Services category. It's also listed in the section for Franchises Under $150,000.
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