Remote Control Hobbies
At a Glance
Products & Services: Remote control hobby vehicles, parts & accessories
Number of Locations: 12
Total Investment: $111.9K - 315.9K
Founded: 2003
Began Franchising: 2004
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2008 | 12 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $111,900 - $315,900
Franchise Fee: $18,000 - $22,000
Ongoing Royalty Fee: 2.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $18,000 - $22,000
Ongoing Royalty Fee: 2.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $50,000
Operations
25% of all franchisees own more than one unit. Absentee ownership of franchise is NOT 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: 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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