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Below is an in-depth analysis and side-by-side comparison of Personal Best Karate vs Hi-Five Sports including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $63,500 - $113,200 | $17,900 - $388,225 |
Franchise Fee | $34,000 | $9,900 - $25,000 |
Royalty Fee | 10% | 8.75% |
Advertising Fee | - | - |
Year Founded | 1991 | 1990 |
Year Franchised | 2000 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Welcome to Personal Best Karate franchise opportunity... a business plan built on helping others achieve their physical, mental, and spiritual goals, developed by two time World Karate Champion Master Christopher Rappold. Personal Best Karate is a special franchise opportunity for special people. It's for teaching-oriented and/or athletically- oriented individuals who have high standards of excellence and integrity. It's for those who understand the benefits of good physical health, for themselves and others. And it's for those who have seen the business world from several angles, and are now ready to realize the personal fulfillment of being in business for themselves but not by themselves.
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.