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General

Industry

-

Category

Retail Products and Services

SBA Identifier

-

Year of Founding

2016

Fees

Marketing Fee

2%

Royalty Fee

5%

Franchise Fee

$2,000-$2,000

Investment Range

$12K-$17K

Location units

Total U.S. Locations

1

U.S. Franchised Units

0

U.S. Corporate Units

1

Headquarters (City)

CT

Other

Item 19 - Franchise Financials

-

Financing Availability

no

Started Offering Franchises

2017

Issuance of FDD Data

05/31/2018

What to know about Utopia Descending franchise?

The franchise offered is for the operation of a live action business based around the concept of providing completely immersive "pay to play' gaming experiences known as UTOPIA DESCENDING®

Utopia Descending is based in East Haven, CT. Scroll down to learn more!

How Much Does a Utopia Descending Franchise Cost?

Are you wondering how much is a Utopia Descending franchise? Before starting a Utopia Descending franchise, it is important to know the Utopia Descending franchise fee ($2,000) working capital and other costs required to start the business.

The minimum investment amount required to open a Utopia Descending franchise is $11,900 and can go all the way up to $17,200. Keep in mind, you should also allocate additional funds to live off of while the Utopia Descending business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Utopia Descending franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Utopia Descending business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Utopia Descending franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Utopia Descending. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year

Additional Details

How much does a Utopia Descending franchise owner make?

Utopia Descending franchise earnings and revenue can vary significantly from one franchisee to another. The Utopia Descending franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Utopia Descending unfortunately does not disclose financials on how much Utopia Descending franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Utopia Descending does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Utopia Descending franchisees. Do note that Utopia Descending is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Utopia Descending franchisees to understand how much money they are making from their Utopia Descending business.

You should also speak to former Utopia Descending franchisees to understand why they left the system. Did they sell their Utopia Descending at a profit? Were they forced to close their Utopia Descending franchise down because it kept losing money?

What is the Utopia Descending Franchise Fee?

Owning a Utopia Descending franchise requires a 5% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Utopia Descending franchise fee of $2,000 that is included in the initial investment amount of $11,900 to $17,200. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Utopia Descending franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Utopia Descending franchise fee of $2,000.

Visit the Utopia Descending metrics tab to explore how the franchise, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Utopia Descending founded?

Utopia Descending was founded 6 years ago in 2016. Utopia Descending started offering franchises in 2017. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Utopia Descending locations are in the U.S.?

As of Issuance of 2018, there were 0 Utopia Descending locations owned and operated by franchisees across the U.S. There are also 1 corporate locations owned and operated by Utopia Descending. Most Retail Products and Services franchises like Utopia Descending have more franchised locations than corporate locations.

How many Utopia Descending franchises opened over the past few years?

Over the prior 3 years we have data for, Utopia Descending has opened 0 outlets throughout the U.S.

Visit the Utopia Descending metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Utopia Descending franchises closed over the past few years?

Over the prior 3 years we have data for, Utopia Descending has closed 0 outlets throughout the U.S.

Visit the Utopia Descending metrics tab to explore how the closures compare to other Retail Products and Servicesfranchises.

Is Utopia Descending growing? Are they opening more locations than they are closing?

The net unit growth rate for Utopia Descending over the past 3 years is N/A. Over the last year we have data for, Utopia Descending had a net unit growth rate of N/A.

Without a comparison, this number doesn’t mean much. Compare how the Utopia Descending growth rate compares to 2,000+ other franchises and Retail Products and Services franchises like Utopia Descending. More info in the Utopia Descending metrics tab.

Is Utopia Descending franchise eligible for an SBA Loan?

Utopia Descending is not eligible for SBA loans including the 7(a) loan last time we checked.

Utopia Descending franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Utopia Descending that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Utopia Descending a franchise in the United States?

According to the SBA, Utopia Descending does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Utopia Descending provides you with an FDD if you are in discussion to buy a Utopia Descending.

What is the Utopia Descending Franchise for Sale Rate?

The Utopia Descending systemwide health and franchisee satisfaction can be measured by the Utopia Descending franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Utopia Descending over the past 3 years is 0%. Over the last year we have data for, Utopia Descending had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Utopia Descending franchise for sale rate compares to 2,000+ other franchises and Retail Products and Services franchises like Utopia Descending. More info in the Utopia Descending metrics tab.

What is the Utopia Descending Franchise Failure Rate?

Utopia Descending franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Utopia Descending failure rate over the past 3 years is N/A. Over the last year we have data for, Utopia Descending had a franchise failure rate of N/A

Without a comparison, this number doesn’t mean much. Compare how the Utopia Descending failure rate compares to 2,000+ other franchises and Retail Products and Services franchises like Utopia Descending. More info in the Utopia Descending metrics tab.

How can I find out more details on Utopia Descending franchise?

Visit the Utopia Descending metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

-

Category

Retail Products and Services

SBA Identifier

-

Year of Founding

2016

Fees

Marketing Fee

2%

Royalty Fee

5%

Franchise Fee

$2,000-$2,000

Investment Range

$12K-$17K

Location units

Total U.S. Locations

1

U.S. Franchised Units

0

U.S. Corporate Units

1

Headquarters (City)

CT

Other

Item 19 - Franchise Financials

-

Financing Availability

no

Started Offering Franchises

2017

Issuance of FDD Data

05/31/2018

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Utopia Descending

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2018)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Utopia Descending

NA

NA

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Utopia Descending

NA

NA

Industry median

All franchises median

Unlock premium content

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Utopia Descending

$14,550

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Utopia Descending

5%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Utopia Descending

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

Ashley@UtopiaDescending.com

Mailing address

22 Harmac Drive

State headquarters

Connecticut

Key leadership

Utopia Descending

Phone

+1 (000) 000-00-00

City

East Haven

Zip code

06513

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