Personal Best Karate
Yes, we actively support the inclusion and development of minority-owned franchises in the Personal Best Karate system.
Personal Best Karate
250 E. Main St.
Norton, MA 02766-2436
800#:
Tel: (508) 285-5425 + 101
Fax: (508) 285-7064
E-mail: founder@personalbestkarate.com
Web Site: www.personalbestkarate.com
Contact: Mr. Christopher Rappold, Chief Executive Officer
PERSONAL BEST KARATE is a one-of-a-kind franchise opportunity that combines physical fitness, character education and self-defense into a well-designed business format. If you enjoy bringing out the best in people, both physically and mentally, this is the opportunity for you.
Franchisor Background
Established: 1991
First Franchise: 1999
Franchise Units: 3
Company-Owned Units: 2
Total Units: 5
Distribution:
> North America -- Operations in 1 State
> States/Provinces with Greatest Density: 5 in MA
Units Owned by Minorities:
>African-American: 1
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 2 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $63-113K
Total Investment: $63-113K
Average Total Investment: $88K
Minimum Net Worth: $100K
Fees
>Franchise: $34K
>Average Franchise Fee: $34K
>Royalty: 10%
>Advertising: 6%
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 5/5/5/5
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 2
On-Going Support: C,D,E,F,H (for an explanation click here)
Training: 8 Half-Day Training Sessions at Norton, MA Headquarters.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: MA Only
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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