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Below is an in-depth analysis and side-by-side comparison of Skyhawks vs Personal Best Karate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $30,800 - $94,500 | $63,500 - $113,200 |
Franchise Fee | $17,500 - $42,500 | $34,000 |
Royalty Fee | 9% -6% | 10% |
Advertising Fee | - | - |
Year Founded | 1979 | 1991 |
Year Franchised | 2007 | 2000 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 24 hours Classroom Training: 16 hours Additional Training: Software training | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 7 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Welcome to Personal Best Karate franchise opportunity... a business plan built on helping others achieve their physical, mental, and spiritual goals, developed by two time World Karate Champion Master Christopher Rappold. Personal Best Karate is a special franchise opportunity for special people. It's for teaching-oriented and/or athletically- oriented individuals who have high standards of excellence and integrity. It's for those who understand the benefits of good physical health, for themselves and others. And it's for those who have seen the business world from several angles, and are now ready to realize the personal fulfillment of being in business for themselves but not by themselves.