Americans spend an estimated $4 billion a year on sports collectibles, making it one of the country's most rapidly growing industries. And business has been particularly good at Field of Dreams, where America's greatest sports heroes come to life. Walk in any Field of Dreams store, and you'll find memorabilia from legendary players like Babe Ruth, Michael Jordan, Dan Marino and Wayne Gretzky. They celebrate their achievements with a wide variety of products that appeal to a broad range of people who are looking for everything from rare collectibles to unique gifts.
Memorabilia has a unique appeal, because a single item can sum up a lifetime of heroic accomplishments. And, this memorabilia "magic" is fueling our growth from coast to coast. That's why there's never been a better time to own a Field of Dreams franchise.
Related Franchise Categories
Sporting Goods Franchises
Sports Memorabilia Franchises
For more information on owning a Field of Dreams franchise, please visit the official Field of Dreams website here.
Franchising Tips and Facts
Franchising opportunities provide brand recognition, management and administrative systems, and a proven business model to small business owners. In theory, this should result in Field of Dreams franchises having higher success rates than non-franchise business opportunities. But in practice, franchises can and do fail.
How much can you make if you own a Field of Dreams Franchise? By law a franchise salesperson cannot provide you with an Earnings Claim, unless it is included in the disclosure document. There is no legal requirement that the franchisor must provide you with an Earnings Claim, however some franchisors do provide it. If the franchisor has chosen not to provide it, then it remains important to contact other franchisees listed in the disclosure document. Other Field of Dreams franchisees can answer many of your questions. Many franchisors will also require you to visit their headquarters before signing the agreement, so that you can both get to know each other better. This is known as Discovery Day.
Be sure to ask about marketing programs (if any) that are offered to Field of Dreams Franchisees. If your franchise contract requires you to make contributions for larger scale advertising and marketing programs, try to find out how the franchisees participate in decisions on the programs, campaigns and budget management. You want to make sure your money is going to good use, and it's being managed properly.
When considering whether or not to invest your money in a Field of Dreams franchise, be sure to ask if you will be required to purchase products and supplies from the parent company. If so, compare your cost to the local retail prices of the same goods. There have been instances in the franchise industry where the price from the franchise company for goods was higher than the price of the same goods in local retail stores. Selling anything under these conditions would make it quite difficult to keep your prices comparable with your competitors.
If you are interested in buying a Field of Dreams Franchise, then you will most likely be requested to complete a formal franchise application, which will involve typically a credit check and sometimes a background check. If you meet the franchisors guidelines, then to move forward then by law the franchisor is required to send or provide to you a disclosure document, known as a Uniform Franchise Offering Circular (UFOC). Read the UFOC carefully and have your lawyer go over it as well, since it will include a vast amount of information on the franchise such as: history of franchise and its key principals, financial statements, litigation, franchise openings/closings/terminations, franchisee contacts, franchise agreement, requirements, and more.
Please Note: Field of Dreams, and other
franchise opportunities, business opportunities,
businesses and franchises listed on this web site are not to be
considered as an "offering," suggestion or approval by
DialyFranchises.com. As always, we recommends seeking the advice of a lawyer, financial consultant or
accountant before purchasing a franchise or business opportunity.
