Start-Up Costs and Fees |
||
| Hi-Five Sports | Soccer Shots | |
| Investment | 17900 - 388225 | 41034 - 53950 |
| Franchise Fee | ||
| Royalty Fee | 8.75% | 7% |
| Advertising Fee | $1000/yr. | |
| Year Founded | 1990 | 1999 |
| Year Franchised | 2015 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hi-Five Sports | Soccer Shots | |
| Experience | ||
Financing Options |
||
| Hi-Five Sports | Soccer Shots | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hi-Five Sports | Soccer Shots | |
| Training | On-The-Job Training: 13 hours Classroom Training: 5 hours | On-The-Job Training: 14 hours Classroom Training: 45 hours |
| Support | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations |
| Marketing | Ad Templates Social media SEO Website development Email marketing | Regional Advertising Social media SEO Website development Email marketing |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 | * Franchise can be run from home * 0% of all franchisees own more than one unit * Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators) |
Expansion Plans |
||
| Hi-Five Sports | Soccer Shots | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hi-Five Sports | |
| Soccer Shots | |
| Franchise Fee | |
| Hi-Five Sports | |
| Soccer Shots | |
| Royalty Fee | |
| Hi-Five Sports | 8.75% |
| Soccer Shots | 7% |
| Advertising Fee | |
| Hi-Five Sports | |
| Soccer Shots | $1000/yr. |
| Year Founded | |
| Hi-Five Sports | 1990 |
| Soccer Shots | 1999 |
| Year Franchised | |
| Hi-Five Sports | 2015 |
| Soccer Shots | 2005 |
| Term Of Agreement | |
| Hi-Five Sports | |
| Soccer Shots | 10 years |
| Renewal Fee | |
| Hi-Five Sports | |
| Soccer Shots | to $1.2K |
Business Experience Requirements |
|
| Experience | |
| Hi-Five Sports | |
| Soccer Shots | |
Financing Options |
|
| Franchise Fees | |
| Hi-Five Sports | |
| Soccer Shots | |
| Start-up Costs | |
| Hi-Five Sports | |
| Soccer Shots | |
| Equipment | |
| Hi-Five Sports} | |
| Soccer Shots | |
| Inventory | |
| Hi-Five Sports | |
| Soccer Shots | |
| Receivables | |
| Hi-Five Sports | |
| Soccer Shots | |
| Payroll | |
| Hi-Five Sports | |
| Soccer Shots | |
Training & Support |
|
| Training | |
| Hi-Five Sports | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| Soccer Shots | On-The-Job Training: 14 hours Classroom Training: 45 hours |
| Support | |
| Hi-Five Sports | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Soccer Shots | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Hi-Five Sports | Ad Templates Social media SEO Website development Email marketing |
| Soccer Shots | Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Hi-Five Sports | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
| Soccer Shots | * Franchise can be run from home * 0% of all franchisees own more than one unit * Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators) |
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 |
| Soccer Shots | 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 | |
| Hi-Five Sports | |
| Soccer Shots | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Hi-Five Sports | |
| Soccer Shots | |