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Below is an in-depth analysis and side-by-side comparison of Apex Fun Run vs Cascade Cycleboats including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $81,500 - $104,200 | $110,000 |
Franchise Fee | $49,500 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 2011 | 2012 |
Year Franchised | 2012 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 24 hours Classroom Training: 40 hours | At Headquarters At Licensee's Location Manual By Video Online By Phone |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Ongoing Support Advertising/Marketing Technical Support Online Support Phone Support |
Marketing | Social media Email marketing | - |
Operations | Number of Employees Required to Run: 3 | - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |