ACFN FDD – Franchise Information, Costs and Fees
Type of Business
ACFN® franchisees will market ATM services to hotels, retail locations, and other entertainment and travel-based businesses and will install ATMs at those host locations accepting the services, and will perform all services and maintenance required of the ATMs.
We are a California corporation formed in December 2002. Our principal business address is Community Towers, Sixth Floor, 111 W. Saint John Street, San Jose, California 95113. We intend to do business under our corporate name, and under the ACFN® name and the American Consumer Financial Network™ name.
The total investment necessary to begin operation of an ACFN® business is from $40,135 to $67,044, assuming the operation of one to 3 ATMs. This includes $30,785 to $40,694 that must be paid to us or our affiliate.