|
Below is an in-depth analysis and side-by-side comparison of Arthur Murray vs Fun Fieldz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $46,485 - $225,250 | $29,790 - $50,115 |
Franchise Fee | $12,500 - $100,000 | $15,000 - $22,500 |
Royalty Fee | - | 5% |
Advertising Fee | 12% local | $150/mo. |
Year Founded | 1912 | 2012 |
Year Franchised | 1946 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Optional 2 to 3 day training program before the Studio opens, if you have no previous experience. | On-The-Job Training: 10 hours Classroom Training: 10 hours |
Support | - | Grand Opening Field Operations |
Marketing | - | Co-op Advertising Social media SEO Website development Email marketing |
Operations | You must devote your full time, attention and best efforts to operating the Studio. The Studio always must be under your direct, on-premises control and full time supervision. If you operate more than one Studio, each Studio must be under the direct on-p remises supervision of an acceptable manager who has demonstrated the ab ility to operate a Studio. The manager need not have an equity inte rest in the business. However, the manager must sign an agreement containing confidentiality and noncompe titive provisions with the Studio. | Number of Employees Required to Run: 5 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Arthur Murray Dance Studios provide trained professionals who can help
interested people in learning the art of dancing in their comfortable
and friendly dance studio atmosphere. The professionals enable students
to feel comfortable on any dance floor and with any dance partner.
Arthur Murray offers convenient times and enrollments that allow you to
take lessons in any of their franchised dance studios worldwide. Arthur
Murray instructors are specially trained and certified and can put
students in touch with today.
Fun Fieldz offers franchise units that bring a range of miniature, authentic sports fields to your location to create a unique and memorable experience. Yes, we take the ball game out to you! Fun Fieldz was created by fathers as a way to compete with video games, computers and social media. We wanted to get our children off the couch and outside for good old active fun. We realized that what we had created was not just a great way to keep kids active, but also a chance for adults to reconnect with their childhood and a way to build stronger relationships between family, friends and co-workers. We launched our company in 2012 and have been building the Fun Fieldz experience every day since.