Hobby Quest Group
Enrichment programs, camps, workshops, parties- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$39K - $53K
- Units as of 2018
-
20 122.2% over 3 years
Company Overview
About Hobby Quest Group
- Industry
- Children's Businesses
- Founded
- 2003
- Leadership
- Mor Givon, CEO
- Corporate Address
-
391A Grand Ave.
Englewood, NJ 07631
Business Overview
- Franchising Since
- 2012(11 years)
- # of employees at HQ
- 7
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 20(as of 2018)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Hobby Quest Group franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $28,000
- Initial Investment
- $38,925 - $53,225
- Net Worth Requirement
- $50,000
- Cash Requirement
- $20,000
- Royalty Fee
- 7%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 2 hours
- Classroom Training
- 32 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
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