About LaserPrecision Marksmanship Club Franchise
LaserPrecision Marksmanship Club is a recreational and training franchise that has been offering franchise opportunities since 2023.
The brand operates indoor laser based marksmanship training facilities where members and visitors can practice shooting skills using advanced laser simulation technology.
This approach provides a safe, accessible, and ammunition free environment for beginners and experienced shooters alike.
LaserPrecision Marksmanship Club Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $47,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% to 2% of Gross Revenues | National brand fund |
| Total Investment Range | $169,660 – $284,100 | Includes build-out, inventory, working capital |
The investment range of $170K–$284K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenues) and marketing fee (1% to 2% of Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $47,000 | $47,000 |
| Security Deposits (See Note 1) | $2,315 | $8,000 |
| Lease Expenses (3 months) (See Note 2) | $6,945 | $12,000 |
| Leasehold Improvements (See Note 3) | $1,000 | $25,000 |
| Architecture and Design | $0 | $5,000 |
| Signage and Displays (See Note 4) | $1,000 | $6,000 |
| Furniture and Fixtures (See Note 5) | $5,000 | $10,000 |
| Simulators and Related Equipment (See Note 6) | $70,000 | $90,000 |
| Supplies and Inventory (See Note 7) | $2,500 | $5,000 |
| Computer System (See Note 8) | $1,500 | $3,500 |
| POS and Scheduling Software Fee (See Note 9) | $1,800 | $1,800 |
| Training Expenses, including salaries and travel (See Note 10) | $2,500 | $3,500 |
| Initial Training Fee | $2,500 | $3,500 |
| Security System (set up plus 3-months) (See Note 11) | $0 | $1,500 |
| Telephone System | $50 | $300 |
| Business Licenses and Permits (See Note 12) | $300 | $3,000 |
| Professional Fees (See Note 13) | $1,000 | $5,000 |
| Insurance Deposits and Premiums (See Note 14) | $2,250 | $5,000 |
| Grand Opening and Initial Marketing (3 months) | $12,000 | $24,000 |
| Additional Funds (3 months) (See Note 15) | $10,000 | $25,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 30% of the then-existing Initial Franchise Fee |
| Renewal Fee | 25% of the then current Initial Franchise Fee |
| Technology Fee | $600 per month (for POS and Scheduling Software) |
| Audit Fee | Cost of audit and inspection, plus reasonable accounting and legal expenses |
| Relocation Fee | $5,000 |
| Interest | Lesser of (i) the highest commercial contract interest rate permitted by state law, and (ii) 18% per annum. |
| NSF Fee | $25 per occurrence |
| Supplier Evaluation Fee | Reasonable cost of the inspection and the actual cost of the test |
| Fine for Sale of Unauthorized Goods or Services | $100 per day plus the associated royalty fees due and any costs we incur |
| Product and Service Purchases | Varies depending on the product and service |
| Insurance | Amount of premiums and related costs, administrative fee of $500 and late charges |
| Additional Training Fees | Then-current daily fee; currently $250 per day per person |
| Location Assistance | Then-current daily fee; currently $300 per day per person, plus expenses |
| Related Party or Minority Interest Transfer Fee | $2,500 |
| Management Expenses | All expenses we incur |
| Management Expenses on Your Default | All expenses we incur plus 10% of Gross Revenues |
| Legal Costs and Attorney’s Fees | All legal costs and attorneys’ fees we incur |
| Indemnification | All amounts (including attorneys’ fees) we incur or otherwise must pay |
| De-Identification | All amounts we incur |
| Liquidated Damages | Aggregate Royalty Fees due to us during the 24 months immediately before termination |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 26 Hours |
| Classroom Training | 18 Hours |
| On-the-Job Training | 8 Hours |
| Training Location | Indianapolis, IN, or other designated location |
| Additional Training | We also may offer additional or refresher training courses periodically. Some of these courses may be mandatory, and some may be optional. These courses may be conducted at our headquarters or at any other locations we select. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Typically, an area with a minimum population of at least 50,000 people, defined by natural traffic and trade patterns around your approved site. |
| Description | The geographic size of the Protected Territory will vary based on population density and a variety of demographic factors. In dense urban areas, the Territory may encompass a city block or less, and we might limit your Protected Territory to the site of your Unit Franchise. In less dense suburban areas, the Territory could include an entire municipality. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 1 additional term of 10 years |
| Renewal Fee | 25% of our then-current initial franchise fee for new franchisees |
| Renewal Conditions | You must: have substantially complied with your Franchise Agreement; given notice to us of your intent to renew between 9 and 12 months before the expiration of the initial term; sign a new Franchise Agreement in our then current form; obtained, maintained, and are in good standing with all necessary and applicable licenses and permits; be in compliance with all monetary obligations to us, our affiliates, and to all vendors, suppliers, lessors, and governmental and taxing authorities; have made all renovations we require; have committed no more than 2 defaults of this Agreement during the Term; have the right to operate the Unit Franchise at the Location for the duration of the renewal term; sign general release of claims; meet all general requirements then applicable to approval of new franchisees; and pay a renewal fee. |
| Transfer Fee | 30% of the then-existing Initial Franchise Fee |
| Transfer Conditions | Our consent to any assignment or transfer will be subject to minimum conditions including: we have decided not to exercise our right of first refusal; you are in full compliance with all agreements and System requirements; your owners and affiliates are in compliance with all agreements; you have performed all required modifications, repairs, upgrades, and renovations; you or the transferee pay a transfer fee; you or transferee provide a copy of the signed purchase agreement; the transferee submits required information and meets our standards; at our option, the transferee assumes the Agreement or signs a new standard form; you obtain and submit satisfactory evidence of consent of lenders, lessors, governmental authorities, and other third parties; you and your Owners, and the transferee sign a general release; the transferee satisfactorily completes our training program; you and your principals and their families agree to comply with post-termination provisions; and the transferee obtains all required permits and licenses. |
| Termination for Cause | We can terminate if you default under your Franchise Agreement, including but not limited to: bankruptcy, unauthorized transfer, misrepresentation of material facts, abandonment, felony conviction, failure to open on schedule, fraud, failure to complete initial training, repeated uncured defaults, material breach of other agreements, violation of health/safety laws, violation of non-compete, liens against assets, insolvency, offering unauthorized products/services, purchasing from unapproved suppliers, misuse of proprietary software, failure to maintain insurance, failure to comply with laws/regulations, government action resulting in uneconomical obligation, or failure to comply with anti-terrorism provisions. |
| Non-Compete Period | During the term of the franchise and for 2 years after termination or expiration |
| Non-Compete Details | During the term, neither you, nor any Owner, nor any member of your immediate family may perform services for or have any direct or indirect interest in any business that offers products or services the same as or similar to those offered or sold at Unit Franchises. After termination or expiration, you agree not to engage in a Competitive Business for 2 years within 25 miles of your Unit Franchise Location or any other Unit Franchise. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Franchisees are expected to participate in the direct operation of their franchise on a full-time basis. If they cannot, then they are obligated to have a fully trained Manager operate the franchise. The Franchise Agreement requires that you, or a designated Manager, be directly involved in the day-to-day operations and use your best efforts to promote and enhance the performance of the Unit Franchise. Each Owner who holds an interest in you must personally guarantee all of your obligations under the Franchise Agreement. |
| Required Suppliers | You must purchase certain products, supplies, insurance, inventory, signage, fixtures, furniture, equipment, décor, software and other specified items under specifications and standards that we periodically establish in our Brand Standards Manual or other notices. We, or our designated vendor, are the required vendor for all firearms simulators and related equipment, enclosures for portable equipment, firearms and accessories used on the simulators, camera systems for monitoring and recording customer session, back-office support for scheduling, CRM and financial reporting and management, signage and logo merchandise. |
| Supply Restrictions | You must purchase these products, supplies, insurance, etc. solely from suppliers (including distributors, manufacturers, and other sources) who we have approved in writing. You may not purchase any item from an unapproved supplier. We reserve the right to periodically re-inspect the facilities and products of any approved supplier and revoke our approval. |
| Franchisor Revenue from Suppliers | In the year ending December 31, 2023, revenues from sale of required products and services to franchisees was $0 or representing 0% of our total revenues of $0. We may receive revenue or other consideration from any other suppliers for goods and services that we require or advise you to purchase, ranging from 0% to 10% of the amount of goods or services you purchase from the supplier. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligations. |
LaserPrecision Marksmanship Club Franchise Earnings — Item 19
LaserPrecision Marksmanship Club does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
LaserPrecision Marksmanship Club Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
LaserPrecision Marksmanship Club System Growth
LaserPrecision Marksmanship Club currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 |
| 2021 | 1 | 0 | 1 |
| 2022 | 0 | 0 | 1 |
| 2023 | 0 | 0 | 1 |
Transfers: 0 | Closures: 0
Franchisor Financials (Item 21)
Audited by Cooper Norman for year ending January 31, 2024.
LaserPrecision Marksmanship Club Franchise — FAQ
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