| ||||
Updated RecentlyThe Blitz vs HipKidz Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Blitz vs HipKidz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $49,500 - $89,500 | $250,000 |
| Franchise Fee | $10,000 | $20,000 |
| Royalty Fee | 0% | 7% |
| Advertising Fee | 0% | - |
| Year Founded | 2002 | 2006 |
| Year Franchised | 2002 | 2010 |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Toll-free phone line, Internet, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| Operations |
6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About The Blitz
NO LONGER FRANCHISING
About HipKidz
Chidren's Sports and Fitness centre for kids between the ages of 5-13 and is pretty high tech but great fun. The Process of Franchising will commence in Autumn 2010. To register your interest please email us at [email protected]