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BidExecs

BidExecs offers a unique franchise model that allows you the opportunity to own a branded business in the multi-trillion dollar contracting industry. This is great for independent consultants, veterans, military officers, retired government employees, and professionals who are ready to take control of their future and grow a significant business. By leveraging your knowledge, expertise, and local influence to build a network of contract management, you can engage in serving key clients in your circle.

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BidExecs

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BidExecs Franchise Cost and Requirements for 2024

Background

Are you ready to take your future forward by investing in a significant business of contract management? Want to reach more clients with professional back office support? Ready to spend more time building valuable relationships? If you're ready for the challenge, this is where you begin.

Company Details

Established: 2020
First Unit Franchised: 2021
Franchised Units: 5
Company Owned Units: 1
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Hawaii - HI, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, New York - NY, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: Yes
International Franchises: Yes

Support and Training Offered By BidExecs

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes

Training:
We will provide pre-opening training in the BidExecs System, including standards, methods, procedures and techniques, at the times and places we designate for our training programs, together with any additional training and assistance we determine necessary in connection with the opening of your Franchised Business, including assistance by our personnel. (Franchise Agreement, Section 4.1).

2024 Franchise Requirements Needed to Own a BidExecs Franchise.

What does a BidExecs Franchise Cost?

BidExecs franchise fees for 2024:

Cash Investment: $30,500
Total Investment: $49,750 to 76,250
Minimum Net Worth: $250,000
Franchise Fee: $25,000
Royalty: 8%
Ad: 0.5% of Gross Sales
Item 19: No
Average Number of Employees: 1
Visa Candidates: Yes
Passive Ownership: No
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes -20% franchise fee

Is BidExecs a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. BidExecs is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is BidExecs a Home Based franchise?

Yes. BidExecs is a home based franchise opportunity.

What Do BidExecs Franchise Owners Make?

Click here to find out how much BidExecs franchisees make. BidExecs offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is BidExecs a Master Franchise Opportunity?

Yes. BidExecs is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does BidExecs Offer a Veteran Discount?

Yes. BidExecs franchise does offer a veteran discount.

Does BidExecs Work with E2 Visa and EB-5 Visa Candidates?

Yes. BidExecs franchise does work with E2 Visa and EB-5 Visa candidates.

Is BidExecs Looking for Franchisees in Canada?

Yes. BidExecs franchise is looking for Canada franchisees.

Is BidExecs Looking for International franchisees?

No. BidExecs franchise is not looking for International franchisees.

Where can I see BidExecs's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Miscellaneous & Unique, Financial Services, Education, Advertising & Marketing, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

BidExecs Franchise Reviews

BidExecs Franchises for Sale

Click Here to inquire about existing BidExecs franchises for sale. We may have BidExecs franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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