| ||||
Updated RecentlySTACK Velocity Sports Performance vs Skyhawks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of STACK Velocity Sports Performance vs Skyhawks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $554,750 - $1,485,000 | $30,800 - $94,500 |
| Franchise Fee | $54,000 | $17,500 - $42,500 |
| Royalty Fee | 6%+2%marketing fund | 9% -6% |
| Advertising Fee | - | - |
| Year Founded | 1999 | 1979 |
| Year Franchised | 2002 | 2007 |
| Term Of Agreement | 10 years | 7 years |
| Term Of Agreement | 10 years | 7 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Available at headquarters: 2 weeks
At franchisee's location: 1 week Periodic conferences and sales training | On-The-Job Training: 24 hours Classroom Training: 16 hours Additional Training: Software training |
| Support | Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Ad creative, direct mail pieces and marketing brochures available through approved third party vendor Partnerships with high profile national sports companies | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 7 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About STACK Velocity Sports Performance
STACK Velocity Sports Performance was founded in 1999 by world-renowned coach Loren Seagrave and a team of expert coaches to make the most advanced sports performance training from university and professional athletic programs available to the general public. STACK Velocity Sports Performance has training programs designed to improve the athletic ability of all age groups, genders and athletic skill levels.
About Skyhawks
Since 1979, over 1,000,000 children have participated in a Skyhawks program! Skyhawks is the nation's leader in sports programs for children. Skyhawks is a brand with national exposure and appeal - and offers a dependable and rewarding business to own. With the Skyhawks system, franchisees will teach children and young adults meaningful life lessons through athletics. Franchisees will have exclusive territories to operate athletic camps and programs in a variety of sports for local schools, park and recreation departments, and other community-based organizations - wherever children are found.
Skyhawks has developed a system to sell its services, market its programs, and hire and train employees to implement those programs.
The Skyhawks Program is founded upon a coaching philosophy and methodology that have evolved and been fine-tuned for over 25 years.
The Skyhawks Program also includes marketing strategies and the technology to manage events, marketing, and staff,
all of which are clearly outlined in the Skyhawks Confidential Operations Manual.
The total investment necessary to begin operation of a Skyhawks
franchised business is between $30,800 and $71,750. This includes
$17,500 to $42,500 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of a Skyhawks franchised
business with one additional territory is between $41,650 and $94,500.
This includes $28,350 to $65,250 that must be paid to the franchisor or
its affiliate(s).
Veteran Incentives 30% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#217 in Franchise 500 for 2020.
#137 in Franchise 500 for 2021.