Start-Up Costs and Fees |
||
| House of Speed | Hi-Five Sports | |
| Investment | 79500 - 999999 | 17900 - 388225 |
| Franchise Fee | ||
| Royalty Fee | 10% | 8.75% |
| Advertising Fee | ||
| Year Founded | 1998 | 1990 |
| Year Franchised | 0 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| House of Speed | Hi-Five Sports | |
| 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 | Hi-Five Sports | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| House of Speed | Hi-Five Sports | |
| Training | 3-5 business days in Aurora, IL | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| 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 | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| House of Speed | Hi-Five Sports | |
| 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 | |
| Hi-Five Sports | |
| Franchise Fee | |
| House of Speed | |
| Hi-Five Sports | |
| Royalty Fee | |
| House of Speed | 10% |
| Hi-Five Sports | 8.75% |
| Advertising Fee | |
| House of Speed | |
| Hi-Five Sports | |
| Year Founded | |
| House of Speed | 1998 |
| Hi-Five Sports | 1990 |
| Year Franchised | |
| House of Speed | 0 |
| Hi-Five Sports | 2015 |
| Term Of Agreement | |
| House of Speed | |
| Hi-Five Sports | |
| Renewal Fee | |
| House of Speed | |
| Hi-Five Sports | |
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 |
| Hi-Five Sports | |
Financing Options |
|
| Franchise Fees | |
| House of Speed | |
| Hi-Five Sports | |
| Start-up Costs | |
| House of Speed | |
| Hi-Five Sports | |
| Equipment | |
| House of Speed} | |
| Hi-Five Sports | |
| Inventory | |
| House of Speed | |
| Hi-Five Sports | |
| Receivables | |
| House of Speed | |
| Hi-Five Sports | |
| Payroll | |
| House of Speed | |
| Hi-Five Sports | |
Training & Support |
|
| Training | |
| House of Speed | 3-5 business days in Aurora, IL |
| Hi-Five Sports | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| Support | |
| House of Speed | |
| Hi-Five Sports | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| House of Speed | |
| Hi-Five Sports | Ad Templates Social media SEO Website development Email marketing |
| Operations | |
| House of Speed | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
| Hi-Five Sports | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| House of Speed | |
| 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 |
| Canada Expansion | |
| House of Speed | |
| Hi-Five Sports | |
| International Expansion | |
| House of Speed | |
| Hi-Five Sports | |