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Below is an in-depth analysis and side-by-side comparison of Parisi Speed School vs Skyhawks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,000 - $183,500 | $30,800 - $94,500 |
Franchise Fee | $2,000 - $6,000 | $17,500 - $42,500 |
Royalty Fee | $250-$1.4K/mo. | 9% -6% |
Advertising Fee | - | - |
Year Founded | 1992 | 1979 |
Year Franchised | 2005 | 2007 |
Term Of Agreement | - | 7 years |
Term Of Agreement | - | 7 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/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 40 hours | On-The-Job Training: 24 hours Classroom Training: 16 hours Additional Training: Software training |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Ad Templates National Media Social media SEO Website development | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 7 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Parisi Owners enjoy a vast array of benefits from a company with more than 20 years in the youth sports performance business. Parisi's proven business models allow owners to tap into the ever-growing youth market to:
-Own your market through our protected territory program
-Begin a youth program with instant credibility that includes an established concept, a reputable brand name, and a nationally recognized professional athlete client list
-Utilize proprietary and proven training methodologies that generate safe and effective results