XP League operates esports leagues for elementary and middle school children offering coaching, competitions, camps, and special events modeled after traditional sports leagues. The franchise promotes youth esports development.
Key Insights
- XP League developed through years of hands-on experience that revealed specific opportunities for improvement within the industry, resulting in innovative solutions that address common challenges while creating new possibilities for growth and customer satisfaction.
- Operational efficiency streamlines processes and reduces costs while maintaining the quality and attention to detail that builds reputation and customer satisfaction, utilizing technology and proven methods to maximize value while ensuring consistent service delivery.
- Market education efforts help consumers understand the value of professional versus amateur service providers, creating opportunities for qualified businesses to demonstrate expertise and build customer relationships through superior service quality and reliable performance.
Franchise Fee and Costs to Open
Exploring the financial picture of XP League 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 $82,650 - $332,000, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Training and Resources
Skoah provides comprehensive training for new franchisees. This initial program, lasting two weeks, takes place at Skoah headquarters. Skoah offers extensive operational and brand immersion resources. The franchisor recommends leveraging these materials to support business establishment.
Legal Considerations
Legal considerations for a XP League 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
Operating a Skoah franchise involves navigating a dynamic local market, where understanding consumer demand and differentiating services from existing beauty and personal care providers is paramount. The business model's emphasis on personalized treatments requires careful staff training and management to ensure consistent service delivery. Additionally, reliance on specific product suppliers for exclusive formulations presents a consideration for supply chain continuity and inventory management.
Franchise Datasheet
FAQs
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