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Below is an in-depth analysis and side-by-side comparison of House of Speed vs 30 Minute Hit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $79,500 - And Up | $100,550 - $165,500 |
Franchise Fee | $39,500 | $40,000 |
Royalty Fee | 10% | $500-$900/mo. |
Advertising Fee | - | - |
Year Founded | 1998 | 2004 |
Year Franchised | 0 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 3-5 business days in Aurora, IL | 5 days of Physical Training/Trainer Certification, including CommunHITy integration conducted in Vancouver, Canada, 2 days of onsite Admin and Sales training. 2 Remote follow up sessions, bi-weekly Remote group training and support sessions. Annual SummHIT meeting in Vancouver, Canada. |
Support | - | Web based Interactive Operations Guide and Management tools to give you instant access to all the information you need to run and grow your business, anytime, anywhere. Your HIT Dashboard includes: Operations Guide, Training Guide, Support Centre, Leads Manager, Leads Booking System, Member Manager, Franchisee Communications Centre, Email Marketing Manager, Resource Centre, Statistics Centre, Staff Manager, Webcam viewer, and much much more! All this at your fingertips no matter where your are! |
Marketing | - | - |
Operations | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |