Year began: 2003 Franchising since: 2004
|
5435 Boatworks Dr., #1
Littleton, CO 80126
Phone: (303)804-0470
Fax: (303)531-5273
| Franchisor is a privately-held company with 10 employee(s); 4 employee(s) in franchise department.
Franchisee Association
National Hobby Store Assoc.
|
Franchise Growth
Canadian Franchises0
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Foreign Franchises0
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Where Seeking Franchisees
Nationwide
Exclusive territories available.
Territory size: 50,000 population within a 7.5-mile radius
Costs & Fees
Total investment: $100K-250K
Franchise fee: $15K-20K
Ongoing royalty fee: 2.5%
Term of agreement: 10 years, renewable
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $50K
Business Experience:- General business experience
- Hobby interest a plus
Operations
- 25% of all franchisees own more than one unit
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 7 weeks
- At franchisee's location: 6 weeks
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Field operations/evaluations
- Purchasing cooperatives
MARKETING SUPPORT- Co-op advertising
- National media
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