Recruit vs Hi-Five Sports Franchise Comparison

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

 
Recruit Franchise
Hi-Five Sports Franchise
Investment $12,000 - $45,000$17,900 - $388,225
Franchise Fee $9,500$9,900 - $25,000
Royalty Fee 08.75%
Advertising Fee --
Year Founded 19961990
Year Franchised 20012015
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Recruit Franchise
Hi-Five Sports Franchise
Experience
  • Marketing skills
  • Sports or sales background
  • -

    Financing Options

     
    Recruit Franchise
    Hi-Five Sports Franchise
      In-House/3rd PartyIn-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

     
    Recruit Franchise
    Hi-Five Sports Franchise
    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/evaluationsNewsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertisingAd 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

     
    Recruit Franchise
    Hi-Five Sports Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Recruit

    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.

    About Hi-Five Sports

    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.

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    With nearly 30 years of experience, Hi-Five continues to innovate the youth sports industry with its unique take on "Youth Sports Entertainment".
    Veteran Incentives  50% off franchise fee

    "Entrepreneur
    #464 in Franchise 500 for 2020.