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Below is an in-depth analysis and side-by-side comparison of Recruit vs Hi-Five Sports 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 | $17,900 - $388,225 |
Franchise Fee | $9,500 | $9,900 - $25,000 |
Royalty Fee | 0 | 8.75% |
Advertising Fee | - | - |
Year Founded | 1996 | 1990 |
Year Franchised | 2001 | 2015 |
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 | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | Available at headquarters, Available at franchisee's location, Long distance training available | On-The-Job Training: 13 hours Classroom Training: 5 hours |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising | Ad Templates Social media SEO Website development Email marketing |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | 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.
Hi-Five is your ticket to get in the game with your very own youth sports business. Hi-Five will give you the tools necessary to have your very own Hi-Five Sports Camp. We see our summer multi-sport camp as the "sporty" version of your typical day camp with all the themes and events that go along with it. Hi-Five Sports Franchises also include the following programs to feed into your Hi-Five Sports Camp.