百大连锁店Rank no.257 – Tiger-Rock Martial Arts – 新移民致富之路

百大连锁店Rank no.257 – Tiger-Rock Martial Arts – 新移民致富之路


百大连锁店Rank no.257 – Tiger-Rock Martial Arts – 新移民致富之路

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Products & Services: Martial arts & fitness programs

Number of Locations: 155

Total Investment: $40.59K – 127.19K

Founded: 1983

Began Franchising: 2008

About Tiger-Rock Martial Arts

In 1983, a group of martial-arts-school owners came together and formed the International Taekwondo Alliance to provide curriculum and operational support to others interested in opening schools in their own communities. The International Taekwondo Alliance was converted into a franchise program in 2008, under the new name Tiger-Rock Martial Arts. Franchises offer martial arts and fitness programs for children and adults.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 155 0 0 0
2012 158 0 0 0
2011 164 0 0 0
2009 165 0 8 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $40,597 – $127,197
Franchise Fee: $4,500 – $25,000
Ongoing Royalty Fee: $6/contract/mo.
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Liquid Cash Available: $35,000

OPERATIONS

Number of employees needed to run franchised unit: 1 – 3. Absentee ownership of franchise is allowed..

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters. Available at franchisee’s location. At qualified academies : as needed.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Purchasing cooperatives
Marketing Support: Ad slicks,

Franchise Ranking History

Franchise 500®: #257 (2013), #293 (2012),
Low-Cost: #56 (2012),
Top New: #13 (2013), #13 (2012),