- 2023 Franchise 500 Rank
#140 Not ranked last year
- Initial investment
$184K - $422K
- Units as of 2022
228 212.3% over 3 years
Premier Martial Arts Franchise
Ready to become your own boss? Franchising is an attractive and stable option for entrepreneurs looking for their next business venture. If you love fitness and business, a Premier Martial Arts franchise location might perfectly combine your passions.
Martial arts is a sport that brings excellent exercise, discipline and many lessons. Although the industry took a hit in 2020 due to the closing of non-essential businesses during the pandemic, martial arts is back on the rise.
Before the pandemic, the martial arts industry had hit its revenue peak at $10.63 billion. Now that the world has opened back up, there is much potential to capture.
Why own a franchise?
Owning a franchise allows you to be your own boss without having to scratch and claw to break even. While it will still take plenty of time and effort, entering the franchise industry is a much different process than building a start-up because you will be under the wing of an established company.
You will still have to research, but the parent company will give you a roadmap to success. The franchisor already knows what works. They have scaled their business successfully and have plans to keep it that way.
As a franchisee, you can expect resources, training programs and built-in brand recognition during your franchise development journey.
Becoming a franchise partner ensures instant visibility along with an audience who will know your name and trust the brand. Premier Martial Arts has been around for years and has a plan for all of its franchisees.
Pros and cons of becoming a franchise owner
Starting a new business is challenging, but entering into a new franchise agreement certainly has some added perks that make everything easier. Take a look at both sides of the coin before entering into a franchise agreement.
Pros of becoming a Premier Martial Arts franchise owner
Some of the advantages that come with owning a Premier Martial Arts franchise include the following:
- No experience necessary: Premier Martial Arts is generally opened and managed by an industry expert who does not necessarily possess martial arts experience.
- Training and support: Established businesses bring trusted systems that are proven to work.
- Trusted and proven systems: PMA’s business model is designed to place the day-to-day responsibilities of operating the studio on a highly competent instructor who has already undergone intensive training. The instructor is assigned a list of duties to benefit the franchise owner (provided by PMA).
- Customer loyalty and brand awareness: PMA has a standard curriculum that people know and love, making for an easy-to-operate martial arts school franchise.
Cons of becoming a Premier Martial Arts franchise owner
When it comes to business decisions, it’s essential to look at factors from all sides, so you are best prepared for any situation that may arise.
When owning a franchise, you might have “owner” as your title, but “tenant” is a comparative term. While, yes, you will own your business and reap revenue, you must abide by the company’s rules.
The franchisor — your landlord —is lending you its name, business recognition and business plan. When you break it down, you own the location, but the company is not your business. If, at any time, the franchisor decides you are not abiding by the rules and regulations of your franchise agreement; they have a right to terminate your contract.
You may find that joining a franchise group results in a lack of freedom category, as you may be limited in creativity and operations. If you love developing new ideas and playing with design, that will generally not be allowed in a franchise contract.
Instead, you will follow a pre-established system that controls and produces the marketing, aesthetics, products and everything in between. Other downsides to franchising to keep in mind include the following:
- Initial investment.
- Franchise fees.
- Royalty fees.
- License fees.
- Marketing and advertising fees.
- Giving franchisor access to finances.
The history of Premier Martial Arts
Founder, Barry Van Over, grew up in the age of Karate Kid, idolizing how Bruce Lee and Chuck Norris used the art of sport to defeat their opponents with honor.
At nine years old, Van Over began practicing martial arts, continued his practice through college and eventually decided to teach martial arts professionally.
After years of consulting for businesses that wanted to run successful martial arts academies, Van Over decided to open his own. Premier Martial Arts opened in 2004 in Knoxville, Tennessee, and experienced immediate success.
As Van Over and his team realized what they had, they began developing a unique business model, including curriculum, best practices, branding and infrastructure.
Their curriculum includes four pillars:
- Self-confidence: Helping students build confidence to help them find success in life.
- Self-control: Controlling emotions, reactions and responses to others.
- Self-defense: Having martial arts self-defense skills to help you live safely and without fear.
- Self-discipline: Finding the discipline to reach life goals beyond the studio.
Today, Premier Martial Arts has over 200 locations and is one of the largest martial arts systems in the world. Through their teachings of martial arts, karate, Krav Maga and kickboxing, they strive to help their students find confidence, strength and focus to understand their true worth and live life to the fullest.
Premier Martial Arts’ ideal franchise candidate
If Premier Martial Arts sounds like the right place to pursue your new business opportunity, see if you fit what they’re looking for.
Premier Martial Arts wants someone who knows about business and loves PMA’s mission. Top candidate qualities include:
- Care for helping kids grow.
- Desire to engage the community.
- Drive for building wealth as well as a legacy.
- Ability to build a team.
- Good with people.
- High emotional intelligence.
- Flexibility over schedule.
- Building a business for themselves.
Corporate leaders and experienced owners
PMA doesn’t necessarily require owners to be experienced martial artists or black belts, but they want someone who can bring business acumen into their new location.
From existing business owners to upper-level leaders, Premier Martial Arts wants someone who knows the ropes of the business world.
Desired qualities of those business leaders include:
- Motivated and driven.
- Multiple streams of income.
- Experience in leading teams.
- Working on the business, not in it.
- Diversify portfolio.
- Financial performance and returns.
- Providing for family.
- Passion for helping others.
Premier Martial Arts’ facts and figures
One of the most important parts of researching a franchise system is understanding the financial commitment to enter it. See below for the key facts and figures of franchising with PMA.
- Initial franchise fee: $49,500.
- Initial investment: $183,650 - $421,800.
- Net worth requirement: $250,000 - $750,000.
- Cash requirement: $75,000 - $250,000.
- Veteran incentives: 10% off the franchise fee and development fee.
- Royalty fee: 7%.
- Ad royalty fee: 5%.
- Term of agreement: 10 years.
How you can open a Premier Martial Arts franchise
If you like what you’ve read so far and think PMA sounds like the right place for you, then it’s time to begin the franchise ownership process with the company.
- Goals, overview and decision criteria.
- Brand review.
- Request for consideration.
- Introduction to funding partners and territory analysis.
- Business review of franchise disclosure document (FDD).
- Attend the launch day event.
- Final franchisee and financial validation.
- Sign franchise agreement.
The franchise agreement stage takes between 60 and 90 days, which is relatively short in the franchise industry. However, that does not include opening your business.
After you sign the franchise agreement, the real work starts, as you will begin construction and other aspects of the process that will make your business vision a reality.
Next steps with PMA
If owning a Premier Martial Arts location sounds like the right franchise opportunity for you, then it's time to reach out to PMA and begin the application process.
The Premier Martial Arts business has over 200 locations and a solid business model — you will be in good hands.Are you looking for more content to learn all about franchising? Explore the Entrepreneur Franchise Center here.
About Premier Martial Arts
|Related Categories||Children's Fitness Programs, Fitness , Miscellaneous Recreation Businesses, Recreation, Children's Education/Enrichment|
|Parent Company||Unleashed Brands LLC|
|Leadership||Joe Luongo, CEO|
2350 Airport Fwy., #505
Bedford, TX 76022
|Social||Facebook, Twitter, LinkedIn, YouTube|
|Franchising Since||2018 (5 years)|
|# of employees at HQ||44|
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Europe (Eastern), Europe (Western), Canada
|# of Units||228 (as of 2022)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Premier Martial Arts 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$183,650 - $421,800|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
|$250,000 - $750,000|
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
|$75,000 - $250,000|
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|10% off franchise fee and development fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing||Premier Martial Arts has relationships with third-party sources which offer financing to cover the following: 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||2 hours|
|Classroom Training||56 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||2|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Premier Martial Arts landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Premier Martial Arts ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to Premier Martial Arts.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
From yummy beverages and meal delivery kits to sports and science, these are the hottest franchise categories.
To become Floor Coverings International top franchisee, Jeffrey Bell had to learn to delegate.
The New Joint Employer Rule Will Crush Franchising As We Know It. Here's What You Can Do to Protect Your Business.
Here's how the NLRB's new Joint Employer Rule redefines the franchisor-franchisee relationship and will alter the $825 billion franchising landscape.
She Was Afraid of Her Company Becoming the 'McDonald's of Mental Healthcare' Until She Realized This
Erin Pash discovered that franchising offered the best of both worlds for therapy practices.
He Opened a Pizza Restaurant to Serve the Native American Community. It Was So Successful He's Opening 20 More.
Dennis Johnson thought that Bemidji, Minnesota needed a place for the surrounding tribes to work, and hang out. He was right.
Based on the trends, we're predicting which categories will be all the rage in 2024. Check out the list.