Parmasters Golf Training Centers vs Hi-Five Sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Parmasters Golf Training Centers vs Hi-Five Sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Parmasters Golf Training Centers Franchise	Hi-Five Sports Franchise
Investment	$261,900 - $2,500,000	$17,900 - $388,225
Franchise Fee	$25,000	$9,900 - $25,000
Royalty Fee	8%	8.75%
Advertising Fee	-	-
Year Founded	2000	1990
Year Franchised	2001	2015
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	$6.2K	-
Business Experience Requirements
	Parmasters Golf Training Centers Franchise	Hi-Five Sports Franchise
Experience	General business experience Marketing skills Must have a passion for golf	-
Financing Options
	Parmasters Golf Training Centers Franchise	Hi-Five Sports Franchise
	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
	Parmasters Golf Training Centers Franchise	Hi-Five Sports Franchise
Training	-	On-The-Job Training: 13 hours Classroom Training: 5 hours
Support	Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives	Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing	Co-op advertising, Ad slicks, National media, Regional advertising	Ad Templates Social media SEO Website development Email marketing
Operations	100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)	Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3
Expansion Plans
	Parmasters Golf Training Centers Franchise	Hi-Five Sports Franchise
US Expansion	-	Yes
Canada Expansion	No	-
International Expansion	Yes	-

Company Overviews

About Parmasters Golf Training Centers

Parmasters was founded in 1999 by Tod Wilcock, Tom Matzen, and Scott Hazledine--all golf enthusiasts. The indoor facilities are designed as practice and training centers, featuring driving bays, putting greens, and sand traps, as well as golf simulators. Centers are climate-controlled and range from 2,000 to 30,000 square feet.

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.

• Preschool Sports Classes
• K-8th Grade Basketball and Flag Football Leagues
• After-School Enrichment Programs
• Hi-Five Birthday Parties
• School-Break Camps
• P.E Outsource Programs
• Specialty Sporting Events
• And More...

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

#464 in Franchise 500 for 2020.