Want to learn more about what else comes with all the excitement of being an Exit Strategy family entertainment franchise owner?
Here are answers to some frequently asked questions:
What is provided as part of the Exit Strategy franchise system?
We will provide initial training to you and your general manager, for up to two weeks, at a corporate location. We will also spend one week (up to five days) on-site at your location, around the time of your Grand Opening. After you are open for business, we will be there to provide remote support and ongoing guidance, and answer questions you may have. And, we will present you with a copy of our confidential operations manual to help you run your family entertainment franchise business properly on a day-to-day basis.
Are there ongoing fees paid to the franchisor?
Franchisees will pay a royalty fees equal to 7% of weekly gross revenues, as well as up to $300 per month in technology fees for ongoing software and other technical support. These fees allow us to fund our ongoing support services and the continued development of themed room concepts, marketing tools, training programs, and systems upgrades.
Are there any advertising fees?
Franchisees are required to spend a minimum of 1% of weekly gross revenues on local marketing and advertising in their territories. Franchisees will also contribute up to 1% of revenues into the system marketing fund (with a possible to increase up to 3% of gross revenue, with prior notice). In addition, for new themed rooms incorporated into a franchisee’s facility, the franchisee will pay a one-time fee of $1,500 per room (to cover construction oversight and training); custom-themed rooms can be designed for a flat fee of $7,500. Collected funds will be used to develop marketing strategies to promote the Exit Strategy brand and fund the creative costs to develop local franchise marketing materials and other promotional and concept-related tools and campaigns.
Is financing available?
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
What is the term of the franchise agreement?
The initial term of your franchise agreement is seven years, with the possibility of three additional successor agreements, each with a five year term.