American Prosperity Group FDD Summary
Type of Business
As a franchisee, you will operate an American Prosperity Group franchise, offering and selling a limited selection of estate and retirement planning products and services, including a selection of securities products, insurance products, and other complementary items.
We are a Delaware corporation that was incorporated on November 12, 2003. Originally, our name was “Asset Preservation Group, Inc.” We changed our name to MTC Enterprises, Inc. on November 16, 2004. We have no parents or predecessors. A “parent” means an entity that controls another entity, directly or indirectly through one or more subsidiaries; a “predecessor” means an entity that sells a majority of its assets to another entity. We do business under the Trade Name “AMERICAN PROSPERITY GROUP” and under the acronym “APG”. Our principal business address is 3 Sunny Knolls Court, Wayne, New Jersey 07470 and out telephone number is (973) 831-4424.
The total investment necessary to begin operation of an American Prosperity Group franchise ranges from $78,300 to $121,000. This includes the sum of $50,000 that must be paid to MTC Enterprises, Inc. or its affiliates.