All about D-Bat franchise – Cost,Profit Margin
Children have a diversity of interests and a vast range of service needs. Running a business that serves children is fantastic for this reason. You can not only earn a nice living from it, but you can also have a significant influence on a child's growth. The D-Bat franchise may be an alternative for you if you wish to provide a child-related sports franchise.
About D-BAT franchise
A well-known baseball academy brand in the sports sector is D-BAT Franchise. Kyle and Cade Griffis launched the D-BAT franchise in 1998. Since they began offering private baseball lessons, the brand has been franchising since they discovered there was a financial possibility. Their straightforward objective was to offer indoor facilities that matched the calibre of players in the area. Soon after, they opened their first facility in Addison, Texas, making their dream a reality.
Over 110 locations of the franchise already exist throughout the country. Due to its numerous revenue streams, this franchise opportunity is appealing to potential franchise owners. Through the purchasing power of the franchise's corporate office, they also benefit from the lowest prices offered by large retailers.
Due to its numerous revenue streams, this franchise opportunity is appealing to potential franchise owners. Through the purchasing power of the franchise's corporate office, they also benefit from the lowest prices offered by large retailers. The sports range for the brand consists of:
- Batting gloves
- Full accessory line
- Apparel
- Uniforms
- Wooden bats
- Baseballs
- Gloves
The franchise's software platform also oversees the entire operation :
- Sales Reports
- Member Management
- Mobile Phone Apps
- Customer Email Marketing
- Inventory Management
- Point of Sale Transactions
- Payroll
- Scheduling Software
- Automated Lesson Confirmation
Additionally, financing options are provided to franchise owners, making the franchise investment simpler. Every franchise benefits from lower production costs and higher gross margins in their Pro Shop since the business manufactures a variety of products. The D-BAT franchise might be right for you if you want to use a successful sports business to improve the lives of kids.
Total Investment required for D-BAT Franchise setup
In a distinct royalty fee structure, D-BAT expects new franchises to contribute a royalty fee of 8%, 2.5% toward advertising in addition to the 40% of membership fees.
To start a new franchise, a $40,000 initial D-BAT franchise fee must be paid in full upfront and is not refundable. The total estimated investment required to launch a D-franchise BAT's operations ranges from $494,650 to $967,100. Many of the goods on the list are one-time fixed expenses, such as land, buildings, starting inventories for shops, etc.
Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
Initial Franchise Fee | $40,000 | Lump sum | When Franchise Agreement is signed | D-Bat |
Lease deposit | $7,000 to $18,000 | As arranged | As Arranged | Landlord |
Leasehold improvements | $55,000 to $300,000 | Lump sum | As arranged | Contractors |
Facility Build-out | $213,000 to $330,000 | As arranged | Before opening | Third parties |
Construction Management and On-Site Training Fee | $6,000 | Lump sum | When Franchise Agreement is signed | D-Bat |
Computer system(s) | $15,000 to $20,000 | As arranged | Before opening | Them, third party suppliers |
Brochures, press kits and sales collateral | $2,000 to $3,000 | Lump sum | As arranged | Them, third party suppliers |
Signage and graphics (interior and exterior), wall signs and instructional posters | $12,000 to $15,000 | As arranged | As arranged | Them, third party suppliers |
Uniforms | $250 to $1,000 | Lump sum | As arranged | Third party suppliers |
Permits and Licenses | $3,000 to $5,000 | As agency requires | As agency requires | Agency |
Insurance | $700 to $1,500 | As agent requires | Before opening | Insurance Agent |
Utility deposits | $700 to $1,600 | As arranged | Before opening | Utility companies |
Travel related expenses during training | $500 to $2,000 | Lump sum | As incurred | Hotels and restaurants |
Initial advertising and marketing products | $5,000 to $7,500 | Lump sum | As required by media supplier | DBI, third party suppliers |
Blue prints, plans and permits | $5,000 to $20,000 | As arranged | Before opening | Government agencies |
Initial pro shop inventory | $35,000 to $45,000 | As arranged | As arranged | Third party suppliers |
Furniture, fixtures and equipment | $28,500 to $48,500 | Lump sum | Before opening | Third party suppliers |
Legal, accounting and professional fees | $1,000 to $5,000 | As arranged | As arranged | Your accountant, attorney, and other professionals |
Additional funds – 3 months | $50,000 to $75,000 | As arranged | As incurred | Various |
Advantages of D-BAT franchise
Other baseball/softball academies do not offer as many income streams as D-BAT does thanks to its seven revenue sources, which enable franchisees to create several streams of money.
Manufacturers of batting gloves, pine tar, eye black, and wooden bats that many professional baseball players use in the Minor and Major Leagues include D-BAT Sports. Every franchise benefits from lower production costs and higher gross margins in your Pro Shop because we manufacture a variety of products. Each franchise benefits from the lowest possible pricing with major retailers in addition to selling D-BAT items (line-up cards, pine tar, eye black, etc.) because of the buying power through the D-BAT Corporate office.
The D-BAT Corporate Team's collective experience includes both former professional athletes and business leaders. Each franchise is equipped with the essential resources to operate its facility with the greatest business practises and the most effective teaching methods thanks to this winning combination of business savvy and baseball knowledge.
D-BAT Return on investment
The average sales for a D-BAT franchise vary according to the square footage you own for the academies, with a payback period of 5–14 years. The overall median revenue for a facility under 15,000 square feet is $389,000, for a facility between 15,000 and 19,500 square feet is $512,000, and for a facility beyond 19,500 square feet is $712,000 in total.
Requirements for D-BAT franchise ?
Make sure you have enough capital.
To be eligible for franchise ownership with D-BAT, you must have a minimum of $75,000 to $200,000 in liquid assets and a net worth of between $300,000 and $500,000. Insurance, management costs, territorial reservation expansion costs, and other costs could be incurred.
Recognize the financial commitment needed to launch a family restaurant business.
You must factor in the price of the necessary tools, licences, and permits, as well as the price of uniforms, insurance, and other expenses.
Consider your past expertise and strong points.
Before submitting an application to open a D-BAT franchise, you should carefully assess your prior business expertise.
Analyze the supply on the market
Before moving forward with the franchising application, you should check the market availability for D-BAT franchises and determine whether there are markets available in your target location.
How to apply for the D-BAT franchise ?
Send your application to D-Bat Franchising team
The team behind D-Bat franchises will examine your application. Upon receiving your online application, you will receive a confirmation email. In this email, they will also include the franchise owner's contact information.
Obtain authorization and start operating
Following the conclusion of your background and financial checks, you will be granted franchise clearance. Only applicants who fully satisfy the standards of franchise owners will receive approval.
Support and training by D-Bat
Company owners may anticipate online and on-the-job training that will provide them all the knowledge they need to run the franchise. Following the official opening of the facility, ongoing assistance and training will also be provided.
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