The Hobby Quest

FREQUENTLY ASKED QUESTIONS AND ANSWERS
THE HOBBY QUEST FUNchise

Q. IS THIS HARD WORK?
A. No. You are your own boss, and you can work run you business right from home. Commitment is the most important piece of the job. Remember you are dealing with schools and children as your clients, they depend on you!

Q. WHAT ABOUT OVERHEAD AND EXPENSES?
A. 90% of our programs are offered after school, in the schools. For the remainder, you will be operating from various community centers, churchs, libraries, museums, YMCA's and other locations that have very low rental space costs. You can utilize a home office, saving significant time, energy and dollars.

Q. WHAT KIND OF LOCATION IS REQUIRED?
A. You must have a clean and professional working space for your office, either home office or rented space. You must also have space with tables and chairs to train your instructors. You must have access for the instructors to pick up materials when you are not available, like a garage with a keypad or storage facility. You may also rent your own storefront location for additional revenue and space.

Q. CAN I DO THIS BUSINESS PART TIME?
A. Yes. Again it's your business, you set the hours you want to work. However, you must make yourself available between the hours of 1PM and 6PM, Monday through Friday to operate the after school enrichment programs. You may also take nearly the entire summer off if you choose as well, however summer camps are very popular and profitable in the summer time.

Q. IS THIS A FAD BUSINESS?
A. No way! After school enrichment programs are in huge demand. In our own region we cannot even keep up with the amount of schools that want our service. Sales close rates are in the 90% for after school enrichment programs.

Q. HOW LONG DOES IT TAKE TO GET STARTED MAKING MONEY?
A. You will be able to start instantly driving income from parties, events, camps and workshops as soon as we finish setting up your location. For after school enrichment classes you will start making money within 5 weeks after the programs begins in the schools.

Q. HOW GOOD IS THE CASH FLOW?
A. Excellent. This opportunity is classified as a joint venture. This means we work together and build together. Your profit margins will be much higher then the average franchise.

Q. ARE THERE UPFRONT FEES PAID TO THE HOBBY QUEST?
A. No, their is no license or trademark use fee. The average franchise fee in the USA is $25,000! The average FUNchise fee is $0.00. The only invesment you make is for your own equipment to run the operations which comes to about $6,000.

Q. MAY A PARTNERSHIP OR GROUP RUN A FUNchise?
A. Of course. Two or more people may own a FUNchise as a company, partnership, or corporation.

Q. DO I NEED TO FORM A CORPORATION IN ORDER TO BECOME A THE HOBBY QUEST FUNchiser?
A. No, but in some cases you may want to. There are advantages and disadvantages to either situation. You can have a legally registered business name for your company without necessarily forming a corporation. Or you can simply operate as an individual. Or you can create a full-fledged corporation. You should consult with your accountant or financial advisor on the best strategy for you.

Q. ARE THERE ANY OPTIONS TO SELL MY FUNchise IN THE FUTURE?
A. Absolutely. Established regions will sell very easily. They can be sold outright to qualified candidate you choose at your set price or can be purchased from you by The Hobby Quest home office for a fixed multiplier of your annual revenue.

Q. THE STARTUP PRICE SEEMS TO GOOD TO BE TRUE, WHATS THE CATCH?
A. Not everyone will qualify for a The Hobby Quest FUNchise ownership. Once we begin we will need your full and undivided attention and commitment. We are only looking for people who are hard working, business savvy, have an energetic and upbeat personality and a desire to be successful. Are you that person? If so we want to catch you and we don't want to break your bank to get you.

Q. CAN I SEE AN ONLINE PRESENTATION OF THE PROGRAM?
A. Yes, we have an online presentation that we would be glad to show you. If you would like to see the presentation please email or call us for a one on one walkthrough of our online presentation. Please email boaz@thehobbyquest.com or call Boaz Givon at 201-532-4392

Q. WHAT IF I HAVE A QUESTION YOU HAVEN’T ANSWERED?
A. We will be happy to help you in any way possible. And we look forward to speaking with you. Please do not feel that any question is trivial or redundant. Remember, we understand this field and you should draw from our experience so that your business can prosper! We are here to help and assist you in your success. Please email boaz@thehobbyquest.com or call Boaz Givon at 201-532-4392 for anything at all!

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