Theater Xtreme

Founded: 2003 Franchising since: 2004

250 Corporate Blvd., #E Newark, Delaware 19702

Phone: (302)455-1334 Franchisee Association TheaterXtreme Franchise Association

Franchisor is a publicly-held company with 15 employee(s); 5 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	6	0	0	5
2005	13	0	0	3

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, Washington, Wisconsin, West virginia, Wyoming

Total investment: $400K-700K Franchise fee: $40K

Ongoing royalty fee: 4% Term of agreement: 10 years, renewable

Type of Financing Available

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

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $200K
Business Experience:

• General business experience
• Marketing skills

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)

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