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Below is an in-depth analysis and side-by-side comparison of STACK Velocity Sports Performance vs Mighty Kicks 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 | $10,200 - $16,200 |
Franchise Fee | $54,000 | $8,700 |
Royalty Fee | 6%+2%marketing fund | $3000 1st year, then $4500 |
Advertising Fee | - | - |
Year Founded | 1999 | - |
Year Franchised | 2002 | - |
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 | - |
Support | Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training | You receive The Mighty Kicks Operations Manual Age appropriate, Proven Curriculum (with Story Boards and DVDs) Start-up and Marketing Boost (we come to your territory to jump-start your new business) Client Database and Target Market Formation Market Research and Analysis of your Territory Marketing and Research materials, tools, techniques, and assistance Generous Territory that provides ample room for success The on-going Support and Service from Mighty Kicks Franchising Templates for marketing materials, newsletters, waivers, accounting, and more Technical assistance, your own web page, phone number, online registration, and e-mail account Use of our recognized name and marks Intensive and Extensive Training Economies of Scale (bulk purchasing power) Existing relationships with National Clients Assistance from the Team of current franchisees Established online presence with Search Engine Optimization Knowledge, Ability, Tools, and Proven Systems to build a successful business Years of experience, a proven system and business model, training, support and a national brand. Our commitment to the start-up of your franchise provides a strong foundation and crucial momentum. Our successful methods provide the premier introductory soccer program for kids. The age-appropriate Mighty Kicks Curriculum is creative, engaging, fun and extremely effective. |
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 | - |
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.