GameTruck Licensing LLC

GameTruck Licensing LLC

#333

Initial Investment

LOW: $120,600
HIGH: $303,350

Change in Units

-1.4% -1 UNITS (1 Year)
-2.9% -2 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

2006

Franchising Since

2008 (8 Years)

Corporate Address

1501 W. Fountainhead Pkwy., #520 Tempe, AZ 85282

CEO

Scott Novis

About GameTruck Licensing LLC

After years spent developing video games, Scott Novis came up with a new way to enjoy them: mobile video game theaters. He and his brother Chris built the first GameTruck and used it to throw a birthday party for a friend in 2006. Two years later, he began franchising the concept. Each GameTruck mobile video game theater is equipped with multiple flatscreen televisions and a variety of video games and consoles.

Financials

Financial Requirements

Initial Investment

$120,600 - $303,350

Net-worth Requirement

$150,000

Liquid Cash Requirement

$65,000

Ongoing Fees

Initial Franchise Fee

$12,500

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Financing Options

GameTruck Licensing LLC has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 218

Lowest Rank: 385

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Regional Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: February 1st, 2016

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