Theater Xtreme
At a Glance
Products & Services: Home theaters & furnishings
Number of Locations:
Total Investment: $400K - 700K
Founded: 2003
Began Franchising: 2004
Public Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $400,000 - $700,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $200,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. Available at franchisee's location. Ongoing electronic training
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,