What will I receive as part of the Bodies Race Company Franchise system?
You’ll receive continuous course site selection and design assistance, access to proprietary Bodies Race Company purchasing and operational programs and ongoing general guidance in operations, promotion, and marketing. After starting your operation, additional consulting on an individual basis is always available.
How much does an individual Bodies Race Company Franchise cost?
The total estimated initial investment ranges from $xxx to $xxx depending on the actual costs of required equipment. It excludes the initial Franchise fee of $xxx, which is due in a lump sum when you sign the Franchise Agreement, but we have financing available. The cost also covers the initial assistance and training you receive to set up and operate your Bodies Race Company operation.
Is financing available?
Bodies Race Company offers direct financing of the initial franchise fee.
How much is the royalty fee?
The royalty fee, for continuing services, payable to the Bodies Race Company Franchisor, is equal to 15% of the gross revenue (minus sales tax and direct charity contributions) derived from the operation of the franchise. It entitles you to continued use of the Bodies Race Company trademarks and access to our proprietary purchasing and operational programs, as well as the continuing operational and marketing assistance we provide to all franchisees.
Is there a cost for advertising and promotion?
There is no advertising fee and no requirement that you advertise your franchise. However, Bodies Race Company does provide special advertising, promotional and merchandising materials that you can purchase, at your discretion.
What training will I receive?
Prior to you starting your race operations, you and one managerial employee will receive on-site training from Bodies Race Company personnel. This training is based on the Bodies Race Company Operations Manual and associated materials. Trained personnel must also attend any “refresher courses” that Bodies Race Company may provide from time to time. This addition training is paid by the franchisee.
How long is the term of the franchise agreement?
The initial term of a Bodies Race Company Franchise is five years. If you stay in good standing, you can renew or extend your franchise for two additional five year terms at the then current renewal rate. The current renewal rate is $5,000.
Will I have an exclusive territory?
We provide exclusivity to a 25-mile radius where you can host runs. You can host your runs in any area not protected by another franchise.
How do I get considered to be awarded a franchise?
It’s easy. Just fill out the get started form, and submit it to us. After we review the application, we’ll contact you to set up a meeting. If you have any questions, call us at 816-524-7733.
How much annual income can a Franchisee expect from owning a Bodies Race Company franchise?
While this is, certainly, a very reasonable question to ask, the standard rules of the FTC prohibits franchisors from making general claims regarding income, revenue or profits. However, there is no prohibition from talking to other franchisees, and you are welcome to do so!
How many employees (besides the owner) does the average-sized race need to operate?
An average Bodies Race Company race is a 5k and 10k, with two half marathons per year. This is adequately staffed with one full-time race director (owner or other designated employee) and five to 10 part time and volunteer staff on race day and a few days prior to race day. Each franchisee finds his/her own level of staffing comfort depending upon his/her individual needs.