Submitted: Tuesday, November 17, 2009
Posted: Tuesday, November 17, 2009
anonymous
nationwide
United States of America
After they left the Mars Venus Coaching franchise in a shambles in Australia they moved the corporate office to Vegas.
Not even 2 years old and MVC has racked up a couple fraud lawsuits already. They claim in their Franchise Documents they are Agressively defending one of the lawsuits but it appears they are doing it on their own with no attorney.
One after another the Attorneys representing Mars Venus Coaching have asked the court to remove them from the case. The last one left with a court ordered judgment for attorney fees on his final exit.
The financial documents for MVC claim they lost almost a half million dollars in 2008 and looking at the pending lawsuits things don't look so rosey for 2009.
Next stop Mumbai.
Does any one know what happens to the people that bought franchises before MVC just closes up shop and moves to another country?
Submitted: Monday, December 08, 2008
Posted: Monday, December 08, 2008
Ex mars venus coach
Melbourne
Australia
The franchising disclosure laws have been updated so that franchisors need to provide all franchisees with a list of ex franchisees and their contact details.
This is good news. If you are buying a franchise here in Australia make sure that you ask for the list of all previous franchisees.
Mars Venus Coaching have also now moved completely to the USA, closing down their online presence in Australia.
The new US office inlcludes Rich Bernstein as CEO.
Lets hope that with the new leadership team they can do credit to the good work of John Gray rather then leave a trail of pain and debt like they have done so in Australia.
Submitted: Tuesday, June 24, 2008
Posted: Tuesday, June 24, 2008
Ex mars venus coach
Melbourne
Australia
Recently Mars Venus Coaching have begun recruiting new franchisees in the USA. I am not sure if they have changed their system, although they seem to have reduced their initial investment by 50%.
In response to the previous claim that Franchisors are not required to list all previous franchisees i have listed them here, so that future franchisees are able to due their due dilligence.
Company History
The company was formed into a franchise operation and since its inception has had a number of Franchisees with also a high number of drop outs.
It launched to the market with great success and Master Franchises in Victoria, Queensland, New South Wales, Western Australia, South Australia and New Zealand.
In their attempt to grow the organisation they sponsored the St Kilda Footbal club and during the process had Robert Harvey as a coach. StKilda and Robert Harvey withdrew their support and involvement from Mars Venus early in 2006.
One of the first Master Franchisors for Victoria was Ross Clennet (now with Ingenius at www.ingenius.com.au) who operated the franchise for 12 months before taking Mars Venus to mediation for missrepresentation during the sales process. The action was settled out of court. During Ross Clennet operation of the franchise Susan Dean purchased a unit franchise.
Susan Dean and Michael Dean then purchased the Master Franchise from Mars Venus Coaching and during their time were very successful in bringing on franchisees growing the organisation from consisting of a few master franchisees up to 12 franchisees at one point.
The franchise list below includes both current franchisees and franchisees that have left the system. There are also a number of master franchisors who have left the system from both Queensland, South Australia and New South Wales.
Victorian Franchisees
Rowan Eagles –
Daniel Eagleton
Bernhard Pethabridge
Bev Bradley and Liz Corbett
Ben Schuster
Ian Pollard
Toni Culph
Rob Hilliar and Anni Hilliar
Val Tragea
Ziggy Frankefeld
John Gearon
Craig McCarthy
QLD Franchisees
David Traylen
NSW Franchisees
Reich Webber-Montenegro
Western Australia Franchisees
Jill & John Raynor
Ed Wykman
Slovenia
Alex Gregoric
India:
Dr. G. P. Kumar MD and Dr Niru Kumar
Singabpore:
James Yip - Master Licence for Singapore.
Before purchasing this franchise I would highly recomend you contact at least 10 former coaches on the list.
You may be able to find some contact details on the mars venus coaching website archive below, or simply try googling some of the names.
http://web.archive.org/web/*/http://www.marsvenuscoaching.com
I hope you find this website before you have invested your hard earned dollars.
Submitted: Friday, July 27, 2007
Posted: Friday, July 27, 2007
Richard
Morley
Australia
The franchisor is not required to update the disclosure document on a regular basis throughout the year. I work in the franchise industry and am responsible for updating the Franchisor's disclosure document. The franchising code of conduct requires that the disclosure document is updated once per year within 3 months of the end of the financial year. The franchisor has not breached the code of conduct by providing the current document.
Perhaps you didn't carry out enough due diligence prior to entering into the franchise agreement. Or maybe you didn't make enough sales to make your business profitable. Remember, when you are pointing the finger at somebody else, there are three fingers on the same hand pointing right back at you.