Start-Up Costs and Fees |
||
| Hi-Five Sports | House of Speed | |
| Investment | 17900 - 388225 | 79500 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 8.75% | 10% |
| Advertising Fee | ||
| Year Founded | 1990 | 1998 |
| Year Franchised | 2015 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hi-Five Sports | House of Speed | |
| Experience | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High | |
Financing Options |
||
| Hi-Five Sports | House of Speed | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hi-Five Sports | House of Speed | |
| Training | On-The-Job Training: 13 hours Classroom Training: 5 hours | 3-5 business days in Aurora, IL |
| Support | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates Social media SEO Website development Email marketing | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
Expansion Plans |
||
| Hi-Five Sports | House of Speed | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hi-Five Sports | |
| House of Speed | |
| Franchise Fee | |
| Hi-Five Sports | |
| House of Speed | |
| Royalty Fee | |
| Hi-Five Sports | 8.75% |
| House of Speed | 10% |
| Advertising Fee | |
| Hi-Five Sports | |
| House of Speed | |
| Year Founded | |
| Hi-Five Sports | 1990 |
| House of Speed | 1998 |
| Year Franchised | |
| Hi-Five Sports | 2015 |
| House of Speed | 0 |
| Term Of Agreement | |
| Hi-Five Sports | |
| House of Speed | |
| Renewal Fee | |
| Hi-Five Sports | |
| House of Speed | |
Business Experience Requirements |
|
| Experience | |
| Hi-Five Sports | |
| House of Speed | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High |
Financing Options |
|
| Franchise Fees | |
| Hi-Five Sports | |
| House of Speed | |
| Start-up Costs | |
| Hi-Five Sports | |
| House of Speed | |
| Equipment | |
| Hi-Five Sports} | |
| House of Speed | |
| Inventory | |
| Hi-Five Sports | |
| House of Speed | |
| Receivables | |
| Hi-Five Sports | |
| House of Speed | |
| Payroll | |
| Hi-Five Sports | |
| House of Speed | |
Training & Support |
|
| Training | |
| Hi-Five Sports | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| House of Speed | 3-5 business days in Aurora, IL |
| Support | |
| Hi-Five Sports | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| House of Speed | |
| Marketing | |
| Hi-Five Sports | Ad Templates Social media SEO Website development Email marketing |
| House of Speed | |
| Operations | |
| Hi-Five Sports | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
| House of Speed | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
Expansion Plans |
|
| US Expansion | |
| Hi-Five Sports | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| House of Speed | |
| Canada Expansion | |
| Hi-Five Sports | |
| House of Speed | |
| International Expansion | |
| Hi-Five Sports | |
| House of Speed | |