Rock Climbing Franchising

At a Glance

Products & Services: Indoor rock-climbing gym

Number of Locations: 3

Total Investment: $746.4K - $1.2M

Founded: 2005

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2014 1 0 0 2
2013 0 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Northeast.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $746,400 - $1,213,550
Franchise Fee: $40,000
Ongoing Royalty Fee: 6.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $750,000
Liquid Cash Available: $250,000
Operations
Number of employees needed to run franchised unit: 12. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Regional advertising,

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