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Entrepreneur: Start & Grow Your Business

Personal Best Karate

Self defense training & character development

Background

Founded: 1991 Franchising since: 2000
250 E. Main St.
Norton, Massachusetts 02766
Phone:
(508)285-5425


Franchisor is a privately-held company with 4 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 3 0 0 2

Where Seeking Franchisees
In the U.S. Massachusetts, United states

Exclusive territories available.
Territory size: 7-10 miles, 70,000 population

Costs and Fees

Total investment: $63.5K-113.2K
Franchise fee: $34K
Ongoing royalty fee: 10%
Term of agreement: 5 years, renewable


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

Qualifications
Business Experience:
  • General business experience
  • Marketing skills
  • Sales experience, fitness related experience

Operations
  • Number of employees needed to run franchised unit: 3 - 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 8 half-day sessions
  • At franchisee's location: 1 week
  • Weekly training provided to all franchisees

Ongoing Support
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising