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Licensee frequently asked questions

 

For information or contact regarding Tran's Kickboxing licenses:

 

 



What upfront investment is required?
In addition to the $10,000 Licensee fee, there are the costs of setting up a basic school/gym. There are also costs related to travel for training related programs. Please see Summary of Estimated Total Investment on the TOTAL INVESTMENT page.



What Return On Investment (ROI) can I expect?
Because the actual upfront investment to open a Tran's Kickboxing & Fitness Center, Inc. school/gym is relatively low and totally dependant on the expectation and needs of the Licensee, it is impossible to give you an accurate ROI. However, an immediate source of cash flow is created as new members are enrolled so a positive cash flow can be established quickly.



How quickly can I expect the return on my investment to begin?
As soon as you start selling in your market, you can begin to recover your initial investment by enrolling new members. In most cases, how well you follow the marketing plan provided by Tran's Kickboxing determines how quickly you achieve your desired ROI.



How many employees do I need?
You can start with as little as two people including yourself, a general manager/salesperson and an instructor. However, people who have the funds to hire additional people whose talents complement their own can grow faster.



What type of facility do I need?
You will need approximately 2,500 to 3,500 sq. ft. for the gym and office. You will need signage, phone (at least 2 lines plus a dedicated fax line), fax, PC compatible computer, and high-speed Internet access.



What type of technology (phone, fax, computer, internet) do I need?
You will need an IBM-compatible PC or Windows based PC. Your internet connection should be one of the various high speed options, DSL, cable or satellite. You need a phone system with at least two lines and a dedicated fax line, plain paper fax machine, and a photocopier.



How long has Tran's Kickboxing & Fitness Center been in business?
Tran's Kickboxing & Fitness Center Corporation executives have been operating in Colorado since 1988. The Licensee Company was started in January, 2008, to launch the Tran's Kickboxing Licensee opportunity.



How much training will I receive?
Tran's Kickboxing & Fitness Center will provide on going training once we have your commitment at the company's headquarters in Longmont, CO. You will be taught the Tran's Kickboxing & Fitness Center business system and marketing programs. Other training is available including weekly regional Instructor Leadership Training meetings and an annual National Licensee Retreat.



What happens once my club opens?
We'll be right there with you at the opening of your Tran's Kickboxing. Master Tran will work with you to ensure that your opening runs smoothly and successfully and Tran's Kickboxing & Fitness Center is never more than a phone call away. We are committed to providing our school/gym owners with the highest level of support and service in the industry.



How much support will I receive after the initial training, and specifically, how does Tran's Kickboxing support my business?
As much support as you request. Remember, your success is our success. Therefore, we will do whatever it takes to get you started in the right manner. Tran's Kickboxing & Fitness Center provides you with the Web-based infrastructure to transact the billing and collections for servicing member accounts. You will have a mandatory weekly regional Instructor Leadership Training meeting where we talk about stats, business 101, marketing, role playing and a whole lot more. Also, you will be in contact with Master Tran with a weekly conference call.



What are the benefits of owning my own Tran's Kickboxing Licensee business?
• Significant income potential
• Build assets and equity in your business (the equity belongs to you)
• Retain local control over day-to-day operations
• Operate using a recognized brand name
• Take part in regional marketing campaigns
• Join a network with thousands of members
• Proven systems and support



How much time will I need to spend working at Tran's Kickboxing each week?
That decision is completely up to you. Some owners maintain full-time jobs and watch over the operation of their school/gym with check-ups. Most owners operate their Tran's Kickboxing as a full-time job. Depending on your circumstances, it can work both ways.


What are the key drivers of the business? The key skills needed?
As much fun and as exciting as the Tran's Kickboxing Licensee opportunity is, it is certainly not for everyone. Although you will not need to be involved on a full-time basis, you will need to be prepared to commit a part-time effort to this business, and you will be rewarded for your effort. The most successful Tran's Kickboxing & Fitness Center school/gyms have been operated by energetic team leaders with some business and management experience. Your Licensee agreement requires you to hire Tran's Kickboxing-approved general managers and class instructors. Following the Tran's Kickboxing Licensee system is imperative to success.


What competition should I expect?
There are other established conventional health, fitness and martial arts companies, but Tran's is the largest Thai kickboxing fitness chain in the state and offers more services and expertise than any other gym offering similar training. There is very little market penetration for the Thai-boxing method of health and fitness training and the interest and potential audience is growing faster than any other major sporting activity.





Will I receive a protected territory?
Yes, you will receive a protected territory. You will be assigned a protected territory based upon population density. Generally we will not place another Licensee within at least 5 miles of the location of your Tran's Kickboxing Licensee, and your protected territory will have a population base of not less than 50,000 people.



How do I generate income?
Your sales come from four sources:
• Bringing in New Members
• Providing Personal Training for Members
• Selling Tran's Equipment, Supplies, and Wearing Apparel
• Fight Night Events/Seminars
• Fight Team Training



If this is such a great opportunity, why haven't I heard of you before?
Although we have operated Tran's Kickboxing school/gyms for 20 years, Tran's Kickboxing is just beginning to market the Licensee opportunity and we are experiencing substantial growth.



Explain why this business and the fitness/martial arts industry will survive. Why does it have the necessary "staying power"?
The best explanation is that Tran's Kickboxing was started over 20 years ago and currently has thousands of members. Our members have joined Tran's Kickboxing through good and bad financial times. Member loyalty and longevity verifies that our Tran's Kickboxing business has proven to be recession-resistant, and certainly not a fad.



What will cause my Tran's Kickboxing Licensee business to grow quickly?
Aggressive sales and marketing will build a positive, stable business with good quality members who renew their memberships. Also, following the proven systems provided by Tran's Kickboxing and only hiring Tran's approved general managers and class instructors will expedite success.



What dynamics are important to consider in determining if I'm in a good market?
You need a population base of about 55,000 plus people, middle to high income wage earners, and a mix of age groups is generally recommended.



How do I get started?
Fill out the Licensee Application and return it to Tran's Kickboxing headquarters. When we have received your Application, we will talk with you and send you a License and Consulting Agreement disclosure document to continue the licensing process. Go to the HOW DO I GET STARTED page for more information.


How long will it take to open a Tran's Kickboxing school/gym?
Approximately 3 to 6 months from securing a site.



For information or contact regarding Tran's Kickboxing licenses:


   
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