Theater Xtreme Franchise
Thursday, April 22, 2010 at 06:33PM Home theater & furnishings
TheaterXtreme corporate has suspended its operations
Start-up Costs & Franchises Fees
What is the total cost to open a Theater Xtreme Franchises?
Total Cost: $300,000 USD -$500,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 50% of original franchise fee
Contact Information for Theater Xtreme
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Theater Xtreme |
Phone Number: (302)455-1334 |
Theater Xtreme In the Press
No results at this time.Historical Expansion
In what year did Theater Xtreme begin operations? 2003
When did Theater Xtreme begin selling franchises? 2004
Year United States Canada International Corporate 2005 4 0 0 3 2004 2 0 0 0 2003 Not Available Not Available Not Available 0 2002 Not Available Not Available Not Available Not Available 2001 Not Available Not Available Not Available Not Available
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No No 3rd Party Financing Available? Financing Source(s): the SBA
Training & Support
Training
Ongoing electronic training
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
0% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 5
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes