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Home >> Sports & Recreation >> Athletic Clothing and Footwear
| World Class Athlete 1814 Franklin St., # 820 Oakland, CA 94612 |
Submit an online form to receive information from World Class Athlete.
|
Business Description
WORLD CLASS ATHLETE offers a unique, specialty sporting goods concept. Product mix concentrates on athletic footwear, running, tennis and swimwear. Emphasis on race sponsorship, training programs and custom fitting. All major lines of footwear, accessories, warm-up suits and bags. Custom re-soling at Company-owned distribution centers. Founded by world class athlete Jeff Bond.
Franchisor Background
Year Established: 1976
Franchising Since: 1977
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Michigan, Minnesota, New York, Oregon, Washington, Wisconsin, Alberta
Financial Requirements
Average Number of Employees: 2 Full-time, 4 Part-time
Space Needs (in square footage): 1,800-2,200
Preferred Sites: Free-standing Building, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
WORLD CLASS ATHLETE offers a unique, specialty sporting goods concept. Product mix concentrates on athletic footwear, running, tennis and swimwear. Emphasis on race sponsorship, training programs and custom fitting. All major lines of footwear, accessories, warm-up suits and bags. Custom re-soling at Company-owned distribution centers. Founded by world class athlete Jeff Bond.
Franchisor Background
Year Established: 1976
Franchising Since: 1977
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 42 | 77.8% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 12 | 22.2% | |||||||||||||||||||||||||||||
Total Operating Units: | 54 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 25 |
| 2. Kentucky | 7 |
| 3. Washington | 8 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Michigan, Minnesota, New York, Oregon, Washington, Wisconsin, Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $90K |
| Total Investment: | $150K |
| Average Total Investment: | $150K |
| Fees: | |
| Initial Franchise Fee: | $22K |
| Average Franchise Fee: | $22K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 1,800-2,200
Preferred Sites: Free-standing Building, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 15 Year(s) | ||||||||
| Term of Renewal Period: | 15 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 12 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | At Additional Cost | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | At Additional Cost | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Headquarters | 3 Weeks | ||||||||
| 2. On-Site | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from World Class Athlete.
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