Start-Up Costs and Fees |
||
| Hi-Five Sports | Personal Training Professionals | |
| Investment | 17900 - 388225 | 140300 - 223000 |
| Franchise Fee | ||
| Royalty Fee | 8.75% | 6% |
| Advertising Fee | 3% local +1% Nat'l | |
| Year Founded | 1990 | 0 |
| Year Franchised | 2015 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hi-Five Sports | Personal Training Professionals | |
| Experience | Previous experience in the fitness industry is required. | |
Financing Options |
||
| Hi-Five Sports | Personal Training Professionals | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hi-Five Sports | Personal Training Professionals | |
| Training | On-The-Job Training: 13 hours Classroom Training: 5 hours | You will participate in an initial training course which will focus on all aspects of the PTP franchise system and is comprised of classroom and on-the-job training. This includes administration, operations, sales/marketing, and on-the-job exposure. |
| 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 | |
Expansion Plans |
||
| Hi-Five Sports | Personal Training Professionals | |
| 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 | |
| Personal Training Professionals | |
| Franchise Fee | |
| Hi-Five Sports | |
| Personal Training Professionals | |
| Royalty Fee | |
| Hi-Five Sports | 8.75% |
| Personal Training Professionals | 6% |
| Advertising Fee | |
| Hi-Five Sports | |
| Personal Training Professionals | 3% local +1% Nat'l |
| Year Founded | |
| Hi-Five Sports | 1990 |
| Personal Training Professionals | 0 |
| Year Franchised | |
| Hi-Five Sports | 2015 |
| Personal Training Professionals | 0 |
| Term Of Agreement | |
| Hi-Five Sports | |
| Personal Training Professionals | 5 years +5+5+5 |
| Renewal Fee | |
| Hi-Five Sports | |
| Personal Training Professionals | |
Business Experience Requirements |
|
| Experience | |
| Hi-Five Sports | |
| Personal Training Professionals | Previous experience in the fitness industry is required. |
Financing Options |
|
| Franchise Fees | |
| Hi-Five Sports | |
| Personal Training Professionals | |
| Start-up Costs | |
| Hi-Five Sports | |
| Personal Training Professionals | |
| Equipment | |
| Hi-Five Sports} | |
| Personal Training Professionals | |
| Inventory | |
| Hi-Five Sports | |
| Personal Training Professionals | |
| Receivables | |
| Hi-Five Sports | |
| Personal Training Professionals | |
| Payroll | |
| Hi-Five Sports | |
| Personal Training Professionals | |
Training & Support |
|
| Training | |
| Hi-Five Sports | On-The-Job Training: 13 hours Classroom Training: 5 hours |
| Personal Training Professionals | You will participate in an initial training course which will focus on all aspects of the PTP franchise system and is comprised of classroom and on-the-job training. This includes administration, operations, sales/marketing, and on-the-job exposure. |
| Support | |
| Hi-Five Sports | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Personal Training Professionals | |
| Marketing | |
| Hi-Five Sports | Ad Templates Social media SEO Website development Email marketing |
| Personal Training Professionals | |
| Operations | |
| Hi-Five Sports | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
| Personal Training Professionals | |
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 |
| Personal Training Professionals | |
| Canada Expansion | |
| Hi-Five Sports | |
| Personal Training Professionals | |
| International Expansion | |
| Hi-Five Sports | |
| Personal Training Professionals | |