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Below is an in-depth analysis and side-by-side comparison of Recruit vs Parisi Speed School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $12,000 - $45,000 | $9,000 - $183,500 |
Franchise Fee | $9,500 | $2,000 - $6,000 |
Royalty Fee | 0 | $250-$1.4K/mo. |
Advertising Fee | - | - |
Year Founded | 1996 | 1992 |
Year Franchised | 2001 | 2005 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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 | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Available at headquarters, Available at franchisee's location, Long distance training available | Classroom Training: 40 hours |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising | Ad Templates National Media Social media SEO Website development |
Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
As a member of the Recruit team, franchisees scout local athletic talent at the high-school level and act as a "personal recruiting advisor." They provide up-to-date information to your athletes and act as a matchmaker with college coaches--and, therefore, potential scholarship opportunities. Young athletes who sign on with the program are included in a national database and college coaches are given regular updates on their scholarly and athletic achievements.
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