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Below is an in-depth analysis and side-by-side comparison of STACK Velocity Sports Performance vs Amazing Athletes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $554,750 - $1,485,000 | $30,700 - $61,650 |
Franchise Fee | $54,000 | $25,000 - $35,000 |
Royalty Fee | 6%+2%marketing fund | 8% |
Advertising Fee | - | $150/mo. |
Year Founded | 1999 | 2003 |
Year Franchised | 2002 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 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/Yes |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters: 2 weeks
At franchisee's location: 1 week Periodic conferences and sales training | A very important benefit of our Franchise Package is our exceptional Training Program. That's why Amazing Athletes, Inc. offers a comprehensive training program to our franchisees. Included in the program are both classroom and hands-on training in valuable areas such as: teaching methods, promotional activities, customer service, administrative duties, as well as problem solving. On-The-Job Training: 13 hours Classroom Training: 23 hours Additional Training: Monthly conference calls |
Support | Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training | To help insure the success and growth of your operation, Amazing Athletes, Inc. will provide assistance, and in some cases, have final approval on the following: * Site selection research and selection of units * Accounting systems * Advertising and promotions * On-going advertising |
Marketing | Ad creative, direct mail pieces and marketing brochures available through approved third party vendor Partnerships with high profile national sports companies | Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
STACK Velocity Sports Performance was founded in 1999 by world-renowned coach Loren Seagrave and a team of expert coaches to make the most advanced sports performance training from university and professional athletic programs available to the general public. STACK Velocity Sports Performance has training programs designed to improve the athletic ability of all age groups, genders and athletic skill levels.
When you open your Amazing Athletes franchise, you will have a streamlined, organized business operation. In addition to our Field Coordinators who will provide Amazing Athletes Franchisees hands-on guidance during the preparation phase, we offer the following benefits:
* Long-term franchise contract up to twenty (20) years
* On-going guidance by an Amazing Athletes Director
* Operations Manual
* Accounting/reporting systems
We are looking for Individuals who are:
* Business-minded
* Marketing oriented
* Adequately financed
* Possess a strong desire and ambition to succeed
* Outgoing in nature and who enjoy working with children and people