Start-Up Costs and Fees |
||
| House of Speed | Destination Athlete | |
| Investment | 79500 - 999999 | 28300 - 93610 |
| Franchise Fee | ||
| Royalty Fee | 10% | 5%-8% |
| Advertising Fee | 2% | |
| Year Founded | 1998 | 2008 |
| Year Franchised | 0 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| House of Speed | Destination Athlete | |
| Experience | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High | |
Financing Options |
||
| House of Speed | Destination Athlete | |
| Franchise Fees | Yes | |
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| House of Speed | Destination Athlete | |
| Training | 3-5 business days in Aurora, IL | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| House of Speed | Destination Athlete | |
| 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 | |
| House of Speed | |
| Destination Athlete | |
| Franchise Fee | |
| House of Speed | |
| Destination Athlete | |
| Royalty Fee | |
| House of Speed | 10% |
| Destination Athlete | 5%-8% |
| Advertising Fee | |
| House of Speed | |
| Destination Athlete | 2% |
| Year Founded | |
| House of Speed | 1998 |
| Destination Athlete | 2008 |
| Year Franchised | |
| House of Speed | 0 |
| Destination Athlete | 2008 |
| Term Of Agreement | |
| House of Speed | |
| Destination Athlete | |
| Renewal Fee | |
| House of Speed | |
| Destination Athlete | |
Business Experience Requirements |
|
| Experience | |
| House of Speed | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High |
| Destination Athlete | |
Financing Options |
|
| Franchise Fees | |
| House of Speed | |
| Destination Athlete | |
| Start-up Costs | |
| House of Speed | |
| Destination Athlete | |
| Equipment | |
| House of Speed} | |
| Destination Athlete | |
| Inventory | |
| House of Speed | |
| Destination Athlete | |
| Receivables | |
| House of Speed | |
| Destination Athlete | |
| Payroll | |
| House of Speed | |
| Destination Athlete | |
Training & Support |
|
| Training | |
| House of Speed | 3-5 business days in Aurora, IL |
| Destination Athlete | On-The-Job Training: 80+ hours Classroom Training: 40 hours Additional Training: Online, conference calls |
| Support | |
| House of Speed | |
| Destination Athlete | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| House of Speed | |
| Destination Athlete | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| House of Speed | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
| Destination Athlete | Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| House of Speed | |
| Destination Athlete | 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 | |
| House of Speed | |
| Destination Athlete | |
| International Expansion | |
| House of Speed | |
| Destination Athlete | |