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Fun Bus Fitness Fun on Wheels

Mobile children's fitness program

Background

Founded: 2000 Franchising since: 2003
32 Timothy Ln.
Tinton Falls, New jersey 07724
Phone:
(732)530-1287/ (732)530-5287


Franchisor has 2 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 35 0 0 0
2008 28 0 0 0
2007 24 0 0 0
2006 16 0 0 0
2005 8 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 100+ daycare centers, 50,000+ population

Costs and Fees

Total investment: $80.5K-157.5K
Franchise fee: $32.5K
Ongoing royalty fee: 7%
Term of agreement: 7 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $65K
Business Experience:
  • General business experience

Operations
  • Franchise can be run from home
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 day
  • At franchisee's location: 3 days
  • Bus driving school : 1 day

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • Ongoing marketing support

Rankings

Franchise 500® rank:
#495 (2008); #475 (2007);


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