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Below is an in-depth analysis and side-by-side comparison of Recruit vs Mile High Karate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $12,000 - $45,000 | $80,000 - $160,000 |
Franchise Fee | $9,500 | $27,500 |
Royalty Fee | 0 | 9% |
Advertising Fee | - | 3% |
Year Founded | 1996 | 1983 |
Year Franchised | 2001 | 2002 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters, Available at franchisee's location, Long distance training available | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising | - |
Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
As a member of the Recruit team, franchisees scout local athletic talent at the high-school level and act as a "personal recruiting advisor." They provide up-to-date information to your athletes and act as a matchmaker with college coaches--and, therefore, potential scholarship opportunities. Young athletes who sign on with the program are included in a national database and college coaches are given regular updates on their scholarly and athletic achievements.
Are You ready to Double, Triple Your Income By and Enhance Your Quality of Life All While Doing What You Love in a More Efficient Manner?