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Below is an in-depth analysis and side-by-side comparison of Batter Up vs Imagine Arts Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $178,100 - $256,000 | $104,650 - $283,300 |
Franchise Fee | $25,000 | $49,000 - $73,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1991 | 2018 |
Year Franchised | 2006 | 2018 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * General business experience * Marketing skills * Love of children, energetic personality | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 4-5 days * At franchisee's location: 4-5 days | - |
Support | - | - |
Marketing | - | - |
Operations | * Number of employees needed to run franchised unit: 4 - 6 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
No longer franchising