Startup Costs and Fees
What does it cost to open a Premier Martial Arts franchise?
Premier Martial Arts franchise is a rising star in the $4 billion martial arts industry. With thousands of students enrolled in our 70 locations across the country, Premier Martial Arts is a well-known, emerging brand with enormous growth potential. This makes our brand a wise investment for entrepreneurs with a passion for martial arts and for owners of existing martial arts studios as we continue to expand across the nation.
The total initial investment to open a new Premier Martial Arts franchise ranges from $141,048 – $201,448. Our low entry cost has grown out of our proven business model: a small footprint, a small staff and low overhead.
What about financing? To make the investment even more affordable for new franchisees, Premier Martial Arts has relationships with a number of third-party financial institutions that may be able to help you with financing.
For a more in-depth look at costs and fees associated with opening a new Premier Martial Arts franchise, please review Item 7 from our most recent Franchise Disclosure Document:
|Type of Expenditure||Low Amount||High Amount||Method of Payment||When Due||To whom payment is to be made|
|Initial Franchise Fee||$49,500||$49,500||Lump Sum||See Item 5 of the FDD||Us|
|Studio Starter Expeditures||$8,000||$16,500||An Incurred||See Item 5 of the FDD||Suppliers|
|Pre-Sale/Grand Opening Coordinator Fee||$1,000||$1,000||Lump Sum||See Item 5 & 6||Us|
|Studio Pro||$248||$248||Lump Sum||See Item 6||Our affiliate|
|Grand Opening Advertising Expenditure||$3,000||$5,000||As Incurred||After opening within 15 days of invoice||Suppliers|
|Lease Payments - 2 months rent and 1 month equipment||$5,000||$10,000||As Incurred||As Incurred||Landlord|
|Leasehold Improvements||$30,000||$60,000||As Incurred||Before Opening||Suppliers|
|Licenses, Architectural and Engineering Fees||$2,000||$10,000||As Incurred||Before Opening||Suppliers|
|Wages, Travel and Living Expenses for You and Your Manager During Training||$3,000||$5,000||As Incurred||During Training||Employees and Supplies|
|Furniture, Fixtures, Point of Sale/Proprietary Software and Equipment and Supplies||$15,000||$20,000||As Incurred||As Incurred||Suppliers|
|Computer System||$1,800||$3,700||Lump Sum||Before Opening||Suppliers|
|Signs||$4,000||$8,000||Lump Sum||Before Opening||Suppliers|
|Initial Inventory and Supplies||$1,500||$2,000||Lump Sum||Before Opening||Suppliers|
|Employee Salaries||$3,000||$6,000||As Incurred||As Incurred||Employees|
|Insurance - 3 months||$1,000||$2,000||As Incurred||As Incurred||Suppliers - Insurance Company|
|Legal and Accounting Fees||$1,000||$3,000||As Incurred||As Incurred||Suppliers|
|Additional Funds - 3 months||$12,000||$15,000||As Incurred||As Incurred, before Opening or otherwise as arranged||Suppliers|