- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.9M - $3M
- Units as of 2019
-
3 200.0% over 3 years
Company Overview
About ClimbZone Franchising LLC
| Industry | Recreation |
|---|---|
| Related Categories | Miscellaneous Recreation Businesses, Miscellaneous Children's Businesses, Party/Event Services |
| Founded | 2014 |
| Leadership | Nico Buik, CEO |
| Corporate Address |
8993 Yellow Brick Rd., #B Rosedale, MD 21237 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2016 (8 years) |
|---|---|
| # of employees at HQ | 12 |
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 3 (as of 2019) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a ClimbZone Franchising LLC 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
|
$40,000 |
|---|---|
|
Initial Investment
|
$1,914,324 - $3,034,487 |
|
Net Worth Requirement
|
$750,000 - $1,000,000 |
|
Cash Requirement
|
$250,000 - $700,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | ClimbZone Franchising LLC 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.
| On-The-Job Training | 30 hours |
|---|---|
| Classroom Training | 21 hours |
| Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 30 |
|
Are exclusive territories available?
|
No |
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