Sunday
Jan312010
World Championship Armwrestling Franchise
Sunday, January 31, 2010 at 05:07PM Arm wrestling tournaments
Start-up Costs & Franchises Fees
What is the total cost to open a World Championship Armwrestling Franchises?
Total Cost: $50,000 USD -$60,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: $400/mo.
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $10K
Contact Information for World Championship Armwrestling
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World Championship Armwrestling |
Toll Free: (866)232-5023 |
Historical Expansion
In what year did World Championship Armwrestling begin operations? 2002
When did World Championship Armwrestling begin selling franchises? 2003
Year United States Canada International Corporate 2005 5 0 0 1 2004 3 0 0 1 2003 1 0 0 2 2002 0 0 0 0 2001 Not Available Not Available Not Available Not Available
Future Expansion
Countries of Interest: Africa, Australia,New Zealand,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): First American Bank & Alliance Capital
Training & Support
Training
Ongoing
Support
In the Pressletter, Meetings, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.0% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (75% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Sales & marketing experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
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