Coop Franchise Group LLC, the
Play and party spacesThis company's data may be out of date.
- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$131K - $284K
- Units as of 2017
-
5 400.0% over 3 years
Company Overview
About Coop Franchise Group LLC, the
- Industry
- Recreation
- Related Categories
- Miscellaneous Recreation Businesses, Miscellaneous Children's Businesses, Party/Event Services
- Founded
- 2008
- Leadership
- Juliet Ward, Founder and CEO
Franchising Overview
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- 5
- Where seeking
-
This company is seeking new franchisees in the following US states:
- # of Units
- 5 (as of 2017)
Franchisor Information
- Corporate Address
-
11118 Ventura Blvd.
Studio City, CA 91604
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Coop Franchise Group LLC, the franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $35,000
- Initial Investment
- $130,500 - $283,500
- Cash Requirement
- $8,000 - $15,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Coop Franchise Group LLC, the has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 20 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary Software
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaWebsite Development
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
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