PKL is an entertainment facility featuring pickleball courts, shuffleboard, cornhole, and a bar with specialty cocktails and craft beers. The franchise offers a fun and interactive social experience for both casual and competitive players.
Key Insights
- PKL grew from a fundamental commitment to solving real problems that affected both customers and service providers, developing systematic approaches that improve efficiency, enhance quality, and create positive outcomes for all stakeholders involved in the business relationship.
- Continuous improvement processes incorporate client feedback and industry developments to enhance service offerings and operational effectiveness while maintaining the core values and quality standards that distinguish the business from competitors in the marketplace.
- Regulatory developments create opportunities for professional service providers who maintain compliance standards and quality certifications, establishing competitive advantages for businesses that invest in proper training, procedures, and documentation to meet industry requirements.
Franchise Fee and Costs to Open
Exploring the financial picture of PKL gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $3,179,200 - $7,528,700, along with a franchise fee of $55,000 - $55,000.
Financial Performance and Revenue
Training and Resources
The Condo Buyers provides comprehensive initial training designed to equip new franchisees for success. This intensive program offers a deep dive into our proven business model. The training spans two weeks and is conducted at our corporate headquarters. The Condo Buyers also offers ongoing support and resources, including marketing materials and operational guidance, to assist franchisees.
Legal Considerations
Legal considerations for a PKL franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee launching a business similar to The Condo Buyers may encounter local market saturation, requiring strategies to differentiate their offerings from established competitors. Operational complexity, particularly in managing client relationships and property data, demands efficient systems and ongoing training. Reliance on specific vendors for technology or marketing services introduces potential disruptions if those supply chains face issues.
Franchise Datasheet
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