Get Franchise Bundle
Get Full Bundle:
$99 $79
$79 $49
$49 $29

TOTAL:

Description
Investment Icon

What Are the Initial Investment Requirements for The Growth Coach Franchise?

To become a franchisee with The Growth Coach, you will need to consider an initial investment that ranges from $54,000 to $75,900. This includes a franchise fee of $39,900. In addition to the startup costs, you should be prepared for ongoing expenses, such as a 10% royalty fee on revenue and a 3% marketing fee. It's also essential to have a net worth between $200,000 and $500,000 to qualify for ownership.

Fees Icon

What Is the Average Revenue Potential for The Growth Coach Franchise?

The Growth Coach franchise offers promising revenue potential, with an average annual revenue per unit reported at $97,847. The median revenue is slightly higher at $111,372, showcasing the potential for profitability. However, revenue can vary significantly, with the lowest annual revenue recorded at $22,497 and the highest at $283,145, indicating that performance can depend on various factors such as location and management practices.

Revenue Icon

What Are the Financial Performance Metrics for The Growth Coach Franchise?

Franchisees can expect to face operating expenses that total approximately $682,820 annually, which accounts for about 88.41% of revenue. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the average unit stands at $88,936, or 11.51% of revenue. This suggests that while operating costs are significant, there is still a healthy margin available for franchisees to leverage for growth and reinvestment.

Breakeven Icon

How Quickly Can You Expect to Break Even with The Growth Coach Franchise?

Franchisees of The Growth Coach can anticipate reaching the breakeven point within 12 months of operation. This relatively quick return on investment is appealing for new entrepreneurs. Furthermore, the investment payback period is estimated at 36 months, allowing franchisees to recover their initial investment and start seeing profits in a reasonable timeframe, provided they adhere to best practices and effectively manage their operations.

The Growth Coach Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$200,000 - $500,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

36 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$39,900
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

10%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

3%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

12 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$54,000 - $75,900
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$54,000 - $75,900
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$97,847
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$111,372
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$283,145
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$22,497
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Consultant & Business Brokers
Category icon A more specific division within the broader industry.

i Category:

Business Coaching
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

Gary Green
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

4755 Lake Forest Drive, Suite 100Cincinnati, Ohio 45242
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

2002
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

Strategic Franchising

The Growth Coach Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

36
The number of locations owned by independent franchisees.

Franchised Units i

36
The number of locations owned and run by the franchisor.

Corporate Units i

0
Units 2021 2022 2023
Total Units 53 45 36
Net Change YoY -8 -9
Franchised Units 53 45 36
Net Change YoY -8 -9
Corporate Units 0 0 0
Net Change YoY 0 0
Investment About

Initial Investment

The Growth Coach franchise offers a relatively low initial investment, ranging from $54,000 to $75,900. The franchise fee is set at $39,900, making it an accessible option for aspiring entrepreneurs looking to enter the coaching industry. This financial structure allows potential franchisees to gauge their financial commitment before diving in.

Potential About

Ongoing Fees

Franchisees are required to pay a royalty fee of 10% on gross sales and a marketing fee of 3%. These ongoing fees are essential for maintaining brand presence and supporting marketing initiatives that drive customer engagement. Understanding these costs is crucial for franchisees to manage their profitability effectively.

Metrics About

Financial Performance

The average annual revenue per unit for The Growth Coach franchise is approximately $97,847, with a median revenue of $111,372. This data highlights the potential for profitability within the franchise model, but it also emphasizes the need for franchisees to implement effective business strategies to maximize their revenue.

Fees About

Breakeven and Payback

Franchisees can expect to reach their breakeven point within 12 months of operation, with an investment payback period of around 36 months. These timelines are critical for financial planning, as they indicate how quickly franchisees can start seeing returns on their investment.

Breakeven About

Franchise Growth

The Growth Coach has seen a decline in franchised units over the past few years, with 53 units in 2021, 45 in 2022, and 36 in 2023. This trend may signal challenges in market saturation or operational hurdles that potential franchisees should consider when evaluating the brand's long-term viability.

Units About

Operational Expenses

Average operating expenses for The Growth Coach franchise amount to $682,820 annually. Key expenses include advertising and marketing at $109,184, and other operational costs like employee-related expenses and professional fees. Understanding these costs is vital for franchisees to manage their budgets effectively and ensure sustainable operations.

Frequently Asked Questions

The initial investment for a The Growth Coach franchise ranges from $54,000 to $75,900, which includes a franchise fee of $39,900.