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- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$58K - $224K
- Units as of 2022
About XP League
More from XP League
XP League is an esports league modeled after classic youth sports organizations. The programs incorporate themes of sportsmanship, teamwork and positive behavior centered around age- appropriate video game competitions for students. The brand was founded in September 2020 in Raleigh, North Carolina by entrepreneur and father of four, Jay Melamed and was named to Entrepreneur magazine's 2022 list of fastest-growing franchise brands. XP League has a custom- tailored coach and player training where anyone can become a successful coach or competitive player.
BENEFITS OF XP LEAGUE FRANCHISE OWNERSHIP
INFLUENCE THE NEXT GENERATION
You're passionate about gaming, having fun, and making a positive impact. We enable you to deliver an experience that kids and parents love.
MULTI-BILLION DOLLAR MARKET
Esports is growing incredibly fast and now rivals traditional sports. We provide a unique opportunity to own your piece of the esports juggernaut.
LOW COST OF OWNERSHIP
Our minimal overhead model puts franchise ownership in reach. With different types of centers, you can find the right fit for you.
COMPLETE LEAGUE IN A BOX
As a franchisee, you get a League in a Box with everything you need to succeed, including plans, partnerships, and up to twenty teams.
XP League franchisees have the freedom to choose their hours, location, and league size, so you can scale up at your own pace.
As entrepreneurs and franchisees ourselves, we provide comprehensive guidance and support to help you thrive.
MORE THAN PLAYING VIDEO GAMES
Youth esports at XP League instills children with lifelong values and skills.
- STRATEGIC THINKING
- SOCIAL SKILLS
- IMPROVED FOCUS
- QUICKER BRAIN FUNCTION
- MULTI-TASKING SKILLS
- FOSTERS STEM LEARNING
A COMPLETE LEAGUE IN A BOX
We thought of everything, so you don't have to. Franchise owners receive a comprehensive kit containing everything they need to succeed.
- Access to stunning team logos and official branded gear.
- Exclusive partnerships with top coaching and esports brands.
- Tournament management and national game play.
- Regional events and North American Finals.
- Unparalleled coaching and marketing support.
- Proven plans for launching, marketing, and operations.
- A League Commissioner network of the brightest and most dedicated leaders in the space.
- Franchising Since
- 2020 (2 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 29 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a XP League 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.
- Initial Investment
- $58,200 - $224,160
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.
- Net Worth Requirement
- $250,000 - $750,000
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.
- Cash Requirement
- $75,000 - $200,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee and development fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty 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
- 5 years
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?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- XP League 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.
- Classroom Training
- 44 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- 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
- 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.
Curious to know where XP League ranked on other franchise lists? Find out below.
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