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Entrepreneur: Start & Grow Your Business

World Championship Armwrestling

Arm-wrestling tournaments

Background

Founded: 2002 Franchising since: 2003
111 Lynn Ave.
Ames, Iowa 50014
Phone:
(866)232-5023


Franchisor is a privately-held company with 3 employee(s); 1 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 2 0 0 2
2005 2 0 0 2

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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $32.7K
Franchise fee: $25K
Ongoing royalty fee: $750/mo.
Term of agreement: 5 years, renewable


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

Third-party financing source(s): First American Bank & Alliance Capital

Qualifications
Cash liquidity requirement: $5K
Business Experience:
  • Marketing skills

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1
  • Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3-5 days
  • At franchisee's location: 3 days
  • Ongoing

Ongoing Support
  • Newsletter
  • Meetings
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • National media
  • Regional advertising

Other marketing support
  • PR support