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Below is an in-depth analysis and side-by-side comparison of STACK Velocity Sports Performance vs Sports Specific Training including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $554,750 - $1,485,000 | $100,000 - $200,000 |
Franchise Fee | $54,000 | $50,000 |
Royalty Fee | 6%+2%marketing fund | - |
Advertising Fee | - | - |
Year Founded | 1999 | 1997 |
Year Franchised | 2002 | 2005 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 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/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters: 2 weeks
At franchisee's location: 1 week Periodic conferences and sales training | You will receive comprehensive training on business operations, sales, marketing and membership management. At SST the training never stops! |
Support | Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training | Working with your Franchise Consultant, you will have a one-stop resource for all the phases of your facility. As a franchisee, you have access to ongoing support that helps with your RESULTS! Our team of Franchise Consultants and other corporate staff are continually developing new and exciting ways to support you. Just some of the tools available to you include: � Online operations and marketing manuals. � Training for managers and sales personnel. � Onsite visits to your club and the opportunity to shadow an existing club owner. � Conference calls and webinars. � Branding and Marketing Support |
Marketing | Ad creative, direct mail pieces and marketing brochures available through approved third party vendor Partnerships with high profile national sports companies | - |
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) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.
SST uses a simple four step approach in fitness and the development of their athletes- strength, speed, nutrition and Functional training. We have found this 4 step model to be very successful and provide results in the fastest time possible. Our athletes get very strong and work the proper energy system during each workout. This is the main thing that every person wants and SST delivers... RESULTS!SST is now franchising Nationally. We have created elite training centers for athletes and adults of all types with a growing base of customers. With our low cost system, consistently providing RESULTS to our customers and franchisees, we have realized that we have a solid business model that both can use to pursue their desired lifestyle. From initial training for all new franchisees and annual franchisee conferences SST is committed to your success.