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World Class Athlete
1814 Franklin St., # 820
Oakland, CA 94612
800#:
Tel: (510) 839-5462
Fax: (510) 839-2104
E-Mail: [email protected]
Web Site: www.worldclass.com
Contact: Mr. Chris A. Elders, President
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
Established: 1976
First Franchise: 1977
Franchise Units: 42
Company-Owned Units: 12
Total Units: 54
Distribution:
U.S. -- 41;
Canada -- 9;
International -- 4
-North America -- Operations in 15 States, 2 Provinces
-States/Provinces with Greatest Density: 25 in CA, 8 in WA, 7 in KY
Projected New Units Over Next 12 months: 14
Franchisee Qualifications: 3, 5, 4, 2, 3, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,HI,IL,MN,MI,NY,OR,WA,WI,AB (Click here for an explanation)
Average Number of Employees: 2 FT, 4 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,800-2,200 SF; FS, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $90K
Total Investment: $150K
Average Total Investment: $150.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $22K
-Average Franchise Fee: $22.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 15/15
Passive Ownership: Not Allowed
Area Development Agreements: Yes/15
Sub-Franchising Contracts: Yes
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 12
On-Going Support: a,B,C,D,E,f,G,G,I (Click here for an explanation)
Training: 3 Weeks Headquarters; 2 Weeks On-Site; On-Going.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Europe, U.K., Australia, New Zealand
Note: NR = No Response by Franchisor.
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