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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$157K - $319K
Units as of 2022
2 arrow up 100.0% over 3 years

Company Overview

About Prepaze Academy

Founded
2018
Parent Company
Ace Academy Inc.
Leadership
Shenba Chockalingam, Founder & CEO
Corporate Address
7110 Dublin Blvd.
Dublin, CA 94588
Social
Facebook, LinkedIn

Business Overview

Franchising Since
2022 (2023-2022 years)
# of employees at HQ
10
Where seeking

This company is offering new franchisees throughout the US.

# of Units
2 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Prepaze Academy 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 Information Circle
$39,000
Initial Investment Information Circle
$156,500 - $318,500
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
Varies
Royalty Fee Information Circle
12%+
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
4 years
Is franchise term renewable?
Yes
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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
14 hours
Classroom Training
9 hours
Ongoing Support
Newsletter
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Marketing Support
Social Media
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run
4
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Prepaze Academy landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022