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Updated RecentlySTACK Velocity Sports Performance vs CKO Kickboxing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of STACK Velocity Sports Performance vs CKO Kickboxing 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 | $125,012 - $251,862 |
| Franchise Fee | $54,000 | $35,000 |
| Royalty Fee | 6%+2%marketing fund | 7% |
| Advertising Fee | - | 1% |
| Year Founded | 1999 | 1997 |
| Year Franchised | 2002 | 2007 |
| 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 | -/- |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/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 | On-The-Job Training: 33 hours Classroom Training: 35 hours |
| Support | Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Ad creative, direct mail pieces and marketing brochures available through approved third party vendor Partnerships with high profile national sports companies | Ad Templates 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) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About STACK Velocity Sports Performance
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.
About CKO Kickboxing
CKO's membership-based financial model is driven by recurring income. This business model has the ability to create consistent revenue streams.
Fitness kickboxing is rated as the number one calorie burning exercise by Health and Fitness magazine, burning up to 1000 calories an hour - nothing else comes close!
CKO Kickboxing uses REAL heavy bags for REAL results - By incorporating real heavy bags into the CKO workout, we ensure that members are working their muscles as well as burning a lot of calories through an intensive cardio workout.
CKO Kickboxing has a very high retention rate - Our members have historically remained very loyal and one of our best marketing tools is member referral.
CKO Kickboxing emphasizes quality workouts - The CKO workout produces results without having to resort to expensive machinery.
CKO Kickboxing classes are very time efficient and very effective - The workout is easily adapted to a class size of 3 people or 75, without generating extra expenses.
A winning formula of results and fun keeps members coming back and bringing their friends in droves.
The low capital expenditure combined with a low acquisition cost per client and high revenue per square foot results in fast growth and sustained profitability.
CKO supports new franchise owners in many ways, including:
*Brand Recognition - CKO appeared in Entrepreneur Magazine, Fox Business News, NBC Today Show.
*Low Overhead - Location size determined by your market needs.
*Two-Part Training - Business training and fitness instructor training.
*Equipment - Top-of-the-line equipment vendors, with national pricing.
*Profit Centers - Membership, personal training and retail product line.
*Marketing Support - Grand opening media blitz and monthly advertising campaigns.
*Software - Web-based management system.
*Site Selection - Assistance with lease negotiations, term and concessions.
*Protected Territories - Area developments awarded in qualified markets/candidates.
*Ongoing Support - We are involved throughout your development.