Mile High Karate vs Hi-Five Sports Franchise Comparison

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

Start-Up Costs and Fees

 
Mile High Karate Franchise
Hi-Five Sports Franchise
Investment $80,000 - $160,000$17,900 - $388,225
Franchise Fee $27,500$9,900 - $25,000
Royalty Fee 9%8.75%
Advertising Fee 3%-
Year Founded 19831990
Year Franchised 20022015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Mile High Karate Franchise
Hi-Five Sports Franchise
Experience --

Financing Options

 
Mile High Karate Franchise
Hi-Five Sports Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Mile High Karate Franchise
Hi-Five Sports Franchise
Training - On-The-Job Training: 13 hours Classroom Training: 5 hours
Support -Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates Social media SEO Website development Email marketing
Operations -Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3


Expansion Plans

 
Mile High Karate Franchise
Hi-Five Sports Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Mile High Karate

Are You ready to Double, Triple Your Income By and Enhance Your Quality of Life All While Doing What You Love in a More Efficient Manner?

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.