This morning the Bell Buckle Holdings Inc (OTCMKTS:BLLB) stock could come into focus among investors after its subsidiary unit Jump Start Sports LLC made a key new announcement. This morning Jump Start Sports announced that it had gone into an exclusive consulting agreement with the firm iFranchise, which is a leader in the fast-growing franchise industry.
It should be noted that iFranchise Group is regarded as the world’s foremost franchise consulting firm and holds experience going back decades in developing franchises. It has worked with many well-known and successful names in the industry including Skyhawks Sports Academy and i9 Sports among others. It is a deal that could well prove to be a huge positive for Jump Start Sports and by extension for Bell Buckle Holdings in the long term.
As a company, Bell Buckle is involved in the Youth Sports industry, which is currently worth as much as $19 billion and boasts more than 80 million participants in the United States. Its subsidiary unit Jump Start Sports is a leader in the organization of youth sports programs and camps. Bell Buckle noted that with the deal with iFranchise, things were now in place to bring about continued success.
In this regard, it is important to point out that the Franchise Disclosure Document has already been completed and the sales of franchises have commenced in states across the United States. The Jump Start Sports Franchise Fee will be $350,000, however, there is a requirement to make an investment of a minimum of $, for each territory.
The company claimed that the important things were now in place by way of which it would be possible to stretch the presence of Jump Start Sports across many territories. It now remains to be seen if the Bell Buckle stock experiences any boost or not.