STACK Velocity Sports Performance vs Hi-Five Sports Franchise Comparison

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

Start-Up Costs and Fees

 
STACK Velocity Sports Performance Franchise
Hi-Five Sports Franchise
Investment $554,750 - $1,485,000$17,900 - $388,225
Franchise Fee $54,000$9,900 - $25,000
Royalty Fee 6%+2%marketing fund8.75%
Advertising Fee --
Year Founded 19991990
Year Franchised 20022015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
STACK Velocity Sports Performance Franchise
Hi-Five Sports Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    STACK Velocity Sports Performance Franchise
    Hi-Five Sports Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    STACK Velocity Sports Performance Franchise
    Hi-Five Sports Franchise
    Training Available at headquarters: 2 weeks

    At franchisee's location: 1 week

    Periodic conferences and sales training

    On-The-Job Training: 13 hours Classroom Training: 5 hours
    Support Newsletter Meetings Customizable center website Security/safety procedures Field operations/evaluations Purchasing cooperatives, online training Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    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)

    Absentee Ownership Allowed

    Number of Employees Required to Run: 1 - 3


    Expansion Plans

     
    STACK Velocity Sports Performance Franchise
    Hi-Five Sports Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion 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 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.