Skyhawks vs Hi-Five Sports Franchise Comparison

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

Start-Up Costs and Fees
 
Skyhawks Franchise
Hi-Five Sports Franchise
Investment $30,800 - $94,500$17,900 - $388,225
Franchise Fee $17,500 - $42,500$9,900 - $25,000
Royalty Fee 9% -6%8.75%
Advertising Fee --
Year Founded 19791990
Year Franchised 20072015
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements
 
Skyhawks Franchise
Hi-Five Sports Franchise
Experience --

Financing Options
 
Skyhawks Franchise
Hi-Five Sports Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/Yes-/Yes
Equipment -/Yes-/Yes
Inventory -/Yes-/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Skyhawks Franchise
Hi-Five Sports Franchise
Training On-The-Job Training: 24 hours Classroom Training: 16 hours Additional Training: Software training On-The-Job Training: 13 hours Classroom Training: 5 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates Social media SEO Website development Email marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1 - 7Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 3

Expansion Plans
 
Skyhawks Franchise
Hi-Five Sports Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Skyhawks

Since 1979, over 1,000,000 children have participated in a Skyhawks program! Skyhawks is the nation's leader in sports programs for children. Skyhawks is a brand with national exposure and appeal - and offers a dependable and rewarding business to own. With the Skyhawks system, franchisees will teach children and young adults meaningful life lessons through athletics. Franchisees will have exclusive territories to operate athletic camps and programs in a variety of sports for local schools, park and recreation departments, and other community-based organizations - wherever children are found.
Skyhawks has developed a system to sell its services, market its programs, and hire and train employees to implement those programs.
The Skyhawks Program is founded upon a coaching philosophy and methodology that have evolved and been fine-tuned for over 25 years.
The Skyhawks Program also includes marketing strategies and the technology to manage events, marketing, and staff,
all of which are clearly outlined in the Skyhawks Confidential Operations Manual.

The total investment necessary to begin operation of a Skyhawks franchised business is between $30,800 and $71,750. This includes $17,500 to $42,500 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a Skyhawks franchised business with one additional territory is between $41,650 and $94,500. This includes $28,350 to $65,250 that must be paid to the franchisor or its affiliate(s).
Veteran Incentives  30% off franchise fee
"Entrepreneur
#217 in Franchise 500 for 2020.
#137 in Franchise 500 for 2021.





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.