|
Below is an in-depth analysis and side-by-side comparison of Parisi Speed School vs Sport Star Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $9,000 - $183,500 | $46,500 - And Up |
Franchise Fee | $2,000 - $6,000 | $25,000 |
Royalty Fee | $250-$1.4K/mo. | 6% |
Advertising Fee | - | 1% |
Year Founded | 1992 | 2002 |
Year Franchised | 2005 | 2011 |
Term Of Agreement | - | 20 years |
Term Of Agreement | - | 20 years |
Renewal Fee | - | $1K |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Classroom Training: 40 hours | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Social media SEO Website development | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | 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